Consumer Sentiment Beats Expectations, but Rising Inflation Forecasts Complicate Fed Outlook
September sentiment edged above forecasts, but higher one-year inflation expectations may keep pressure on the Federal Reserve and Treasury yields.
Rapid Treasury Yield Surge Raises Fresh Warning Signs for US Markets
A sharp rise in the 10-year Treasury yield is raising concerns about borrowing costs, leverage and f…
Wall Street Heads for Weekly Gains as Iran War Risk Tests S&P 500 and Nasdaq Rally
Stocks are poised for weekly gains, but Iran, Saudi Arabia and oil-market risks could test the rally…
Intermex Slides for a Third Day as Western Union Takeover Speculation Continues
Intermex’s three-day decline puts renewed focus on Western Union deal speculation, arbitrage positio…
Iridium Shareholder Approval Removes Major Hurdle for Rocket Lab Acquisition
Iridium stockholders approved Rocket Lab’s acquisition, reducing transaction uncertainty and sharpen…
S&P 500 Edges Lower as Iran Conflict, Oil Volatility and Treasury Yields Raise Market Risks
The S&P 500 ended marginally lower as Iran tensions, volatile oil prices and sharply higher Treasury…
Fed Officials Keep Year-End Rate Hike in View as Inflation Remains a Concern
Two Fed officials backed the possibility of a year-end hike as inflation becomes family offices’ top…
GoDaddy Shares Jump 6% on Reported Gen Digital Takeover Interest
GoDaddy shares rose roughly 6% after a report of takeover interest from Gen Digital, but confirmatio…
MGM Resorts Stock Drops 9% as People Inc. Withdraws Takeover Offer
MGM Resorts shares sank 9% after People Inc. rescinded its offer, removing the takeover premium and …
Treasury Yields Near 2007 Highs Put Fresh Pressure on Stocks Ahead of Trump-Xi Talks
The 10-year Treasury yield reached 5.1226%, tightening the pressure on U.S. and Canadian equities ah…
Fed’s Williams Says Another Rate Hike Is Reasonable as 10-Year Yield Nears 5.12%
John Williams signaled another year-end hike could be reasonable as the 10-year yield nears 5.12%, c…
MGM Resorts Drops as People Inc. Abandons Takeover Bid
MGM Resorts shares fell sharply after Barry Diller’s People Inc. withdrew its takeover bid, removing…
MGM Resorts Shares Plunge After People Inc. Abandons Takeover Bid
MGM shares plunged after People Inc. withdrew its takeover bid, ending deal speculation as higher yi…