EghtesadOnline: U.S. stock futures rallied and bonds fell with oil as traders speculated there would be limited repercussions from the weekend’s missile strikes in Syria.
EghtesadOnline: The Dow Jones Industrial Average tumbled 666 points in the biggest plunge since June 2016, as the worsening bond rout stirred angst that the Federal Reserve will accelerate its rate-hike schedule.
EghtesadOnline: European stocks advanced, poised to help draw a line under recent global equity declines, even as the region’s common currency strengthened. The dollar dropped after President Donald Trump’s State of the Union address offered few new clues on U.S. policy, and bonds gained as the Bank of Japan increased asset purchases.
EghtesadOnline: There’s a new sheriff in town and it’s stocks. So says Strategas Research Partners LLC, which argues that equities have supplanted bonds as the market to watch as drama builds around funding the U.S. government.
EghtesadOnline: Equity bears hunting for excess in the stock market might be better off worrying about bond prices, Alan Greenspan says. That’s where the actual bubble is, and when it pops, it’ll be bad for everyone.
EghtesadOnline: The Federal Reserve is expected to hold interest rates unchanged on Wednesday and possibly hint that it will start winding down its massive holdings of bonds as soon as September in what would be a vote of confidence in the U.S. economy.
EghtesadOnline: The great rotation may be near. Bets on the flow of money out of bonds and into stocks have misfired this year as low yields have kept the global debt party going. But there’s a sign markets may be on the cusp of a post-crisis shift: So far this year stocks have had a higher risk-adjusted return than bonds.
EghtesadOnline: U.S. stocks and bonds rallied Friday, with both the S&P 500 Index and Dow Jones Industrial Average reaching new highs, as U.S. inflation data came in short of Federal Reserve expectations, spotlighting the concerns of some central bankers about additional interest rate hikes.
EghtesadOnline: Bonds rebounded while U.S. stock futures were steady before U.S. inflation data and bank earnings that will serve as a test for the strength of the economy.
EghtesadOnline: Stocks rose and bonds stayed under pressure as Chinese data kept investors upbeat on the global economy following strong U.S. hiring figures.