On Tuesday, U.S. bond yields dropped as traders monitored economic data and Federal Reserve officials’ comments.
Highlights:
Factors driving the market:
Benchmark Treasury yields retreated slightly from recent highs as investors awaited key data that could impact Federal Reserve policy decisions.
Key events:
Market outlook:
Market indicators suggest a high probability of the Fed maintaining interest rates at its next meeting in March. Analysts caution against overly loose financial conditions, which could fuel inflationary pressures.
Deutsche Bank’s analysis suggests a reduced likelihood of rate cuts before June, with expectations of cuts beginning at the June meeting, contingent upon inflation trends.
Hold on to your hats. The Dow Jones Industrial Average briefly traded above 40,000 for…
Today is Wednesday, May 16th, and we're going to talk about the Dow Jones, its…
Data on U.S. consumer prices, the most anticipated report of the month, was released early,…
In the fast-paced world of day trading, having a solid strategy and the right tools…
The stock market has rebounded in May, nearing record territory after April's pullback. The upcoming…
Hello Traders! It's Tuesday morning, just before 10:00 AM. I'm gearing up to activate the…