Nasdaq ends at record; dollar strengthens, yields rise
Nasdaq Composite and Nasdaq 100 closed at records as stocks rose despite higher Treasury yields and a stronger dollar.
Nasdaq Composite and Nasdaq 100 closed at records as stocks rose despite higher Treasury yields and a stronger dollar.
Rickards warns stablecoins endanger bond markets, sees $10,000 gold by mid-2027.
A clear breakdown of the 'higher for longer' rate outlook and its impact on markets.
Japan's Nikkei 225 climbed 2.5% after weak U.S. jobs data reduced the chance of a Fed rate hike in October.
Preview of key economic data and central bank events for the week of October 5th-9th.
Gold struggles near $4,140 as bond yields stay high, offsetting a soft US jobs report.
Despite a softer US jobs report, bond yields rebounded quickly, remaining the main market pressure point as traders eye inflation data and fiscal policy.
US 10-year yields above 5% and interest costs over $1 trillion, but 8.5% growth still outruns the 3.4% average debt rate, delaying a debt spiral.
Dollar strengthened, crude slipped, and Japan's Nikkei hit a three-month high; Fed minutes are due on Wednesday.
The Nikkei rallied 2.5% to a three-month high, led by AI stocks after soft US jobs data reduced Fed hike expectations.
Asian gold producers are refining more domestically and taxing exports, tightening global supply amid record prices.
US September payrolls rose 29K, far below the 90K expected. Unemployment ticked up to 4.2% and wage growth slowed.
Jim Cramer warned investors that the upcoming Q3 earnings season may be more difficult due to higher interest rates and a Fed focused on inflation. Analysts…
U.S. stocks gained Friday, with the Nasdaq 100 hitting a record close, as a disappointing September jobs report reduced expectations for further Fed rate hikes.
The US Bureau of Labor Statistics drastically cut its employment estimates for July and August, a move that is raising questions about the Fed's recent rate…