The end of a temporary sweet spot that China enjoyed with its exchange rate strength versus the dollar and weakness against trading partners -- will spur renewed capital outflows, Goldman Sachs/Gao Hua Securities Co. said.
First-quarter earnings season is close to over, and the numbers it’s produced are as gloomy as they have been since the Great Recession.
World oil prices have just passed a key milestone on their long journey out of the doldrums, hitting $50 for the first time in seven months.
Federal Reserve officials have been asking — make that begging — the market for permission to raise rates at the June 15-16 meeting, getting only partial cooperation in return. The odds of a June rate hike now stand at a whopping 34%, according to the CME
Chinas economic growth slowest in seven years Chinas leaders continue to worry about the countrys economy. The rest of the world should too.
Buyers swarmed the two-year Treasury auction, at the same time market expectations for a Fed rate hike were building.
Its been a quiet few months for stocks. Actually, in a way, its been a quiet couple years: The S&P 500 hasnt fallen below 1,810 or risen above 2,135 since February 2014.
Hedge funds have plunked down billions of dollars wagering that some of Americas most beloved stocks will falter.
The U.S. stock market was battered at the start of the year, but stocks did not “officially” enter a bear market. By the traditional definition, a 20% decline from market highs is required, and we only saw a slide of about 14% or so from highs just over 2
It’s been an interesting year to date for the financials with a decidedly negative tone, but some recent technical action suggests that fortunes may be ready to turn for several members of the sector
Broader economic forces, and the Federal Reserve members who are watching that data, will once again dominate Wall Street as the chapter on first-quarter earnings closes and attention on a possible June rate hike is firmly fixed.
The US Federal Reserve could raise interest rates as early as June, according to minutes from its April meeting, with Fed members arguing the risks of a slowdown in the global economy have receded.
Goldman Sachs strategists say stocks do not look attractive due to earnings growth and valuation concerns.
Fed phobia is running high ahead of Wednesdays release of Fed minutes. The minutes, which will be released at 2 p.m. EDT, were already stirring up the bond market Tuesday morning, and that spilled into the stock market during the trading day.
Oil hit a seven-month high in New York on speculation that U.S. crude stockpiles declined last week while supply losses in Canada and Nigeria whittled away the global excess.
