US Stock Outlook | "ADP Employment Report" falls short of expectations! The three major futures indices show slight gains; boosted by AMD's bullish investment, AI startup ABSI rises over 40% in pre-market trading.
According to informed sources, Trump is considering declaring a national economic emergency to launch a new tariff plan; Federal Reserve Governor Waller: supports further interest rate cuts this year; Federal Reserve's Bostic: inflation will gradually decline, policymakers should remain cautious in their decision-making.
SocGen Sees Sign of Bonds Becoming More Attractive to Hold Vs. Stocks
U.S. Treasury Secretary Yellen Says Will Be Important To Keep Irs Modernization On Track; If IRS Funding Is Repealed, Could Be $800B Hit To Deficit; Disappointed That Biden Administration Has Not Been Able To Work With Congress For More Deficit Reduction
U.S. Treasury's Yellen Says Speniding On Covid May Have Contributed A Little Bit To Inflation; Main Factor In Inflation Was Shortages; We Haven't Seen Too Much Progress On Inflation During Past Couple Of Months; Labor Market Has Cooled But Is In Good...
What would it mean for the market if the 10-year U.S. Treasury yield surpasses 5%?
Bank of America believes that if U.S. Treasury yields exceed 5%, investors may reassess the valuation of risk Assets, putting pressure on the stock market.
EIA Weekly Distillates Stocks 6.071M Barrel Build Vs 0.500M Barrel Build Est.; 6.406M Barrel Build Prior