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Treasury Yields Rise, S&P 500 Extends April Slide
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Treasury yields finish April with biggest monthly jumps since 2022-2023
Treasurys sold off on Tuesday, solidifying the 10-year yield’s biggest monthly increase in more than a year, after U.S. economic data threw more doubt on the Federal Reserve’s ability to cut interest rates this year.MarketWatch - Business -
Stocks Turn Higher After Powell Comments
Stocks were turning higher following the Federal Reserve’s widely expected decision to keep rates steady.The Wall Street Journal - World -
S&P 500 Slips After Fed Keeps Rates Steady
Treasury yields inched down but are still up sharply for the year.The Wall Street Journal - World - Federal Reserve -
Treasury Yields Fall Slightly After Fed Decision
The U.S. central bank confirmed expectations by holding interest rates unchanged.The Wall Street Journal - World - Federal Reserve -
Treasury yields end at lowest levels in at least a week after Fed’s Powell sees unlikely chance of a rate hike
Yields on U.S. government debt finished at their lowest levels in a week or more on Wednesday, after Federal Reserve Chair Jerome Powell delivered comments seen as more dovish comments than what was implied by the central bank’s own policy statement.MarketWatch - Business -
Ten of 11 S&P 500 sectors suffer their worst month in 2024. Here’s what comes next.
U.S. stocks closed out their worst month of 2024, with ten out of the S&P 500 index’s 11 sectors posting their biggest monthly percentage decline this year.MarketWatch - Business -
Reasons why the AI stock correction may be overdone
Recent sharp moves highlight the hypersensitivity of the sector to relatively benign cyclical movesFinancial Times - Business -
Elon Musk fires Tesla’s entire supercharger team
Electric-car maker’s public policy unit also being disbanded as chief announces in memo hundreds more jobs to be cutFinancial Times - Business - Elon Musk -
Elon Musk fires Tesla’s entire supercharger team
Electric-car maker’s public policy unit also being disbanded as chief announces in memo hundreds more jobs to be cutFinancial Times - Business - Elon Musk -
Elon Musk fires Tesla’s entire supercharger team
Electric-car maker’s public policy unit also being disbanded as chief announces in memo hundreds more jobs to be cutFinancial Times - Business - Elon Musk
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Two Republicans joined Democrats in the Arizona Senate to roll back the state's near total ban on abortions, as some in the GOP look to reverse a major political liability for the party.
Two Republicans joined Democrats in the Arizona Senate to roll back the state’s near total ban on abortions, as some in the GOP look to reverse a major political liability for the party.The Wall Street Journal - World -
Hundreds of protesters were arrested across several campuses, as universities and police crack down on what they say are outsiders escalating pro-Palestinian demonstrations.
Hundreds of protesters were arrested across several campuses, as universities and police crack down on what they say are outsiders escalating pro-Palestinian demonstrations.The Wall Street Journal - World -
As Ukraine Loses Ground, Baltic Countries Ask: Are We Next?
Estonia’s border city of Narva, singled out by Putin as historically Russian land, is among potential targets for destabilization.The Wall Street Journal - World - Ukraine -
Stalled Inflation Vexes the Fed. Is It Noise or a New Trend?
The fundamentals suggest inflation should still be headed down, but the Fed isn’t betting on that.The Wall Street Journal - World -
The Exodus of China's Wealthy to Japan
Frustrations with Beijing’s autocratic political system and the economic slowdown have driven some people to leave China and settle in Japan.The Wall Street Journal - World - China