About: josephine
Recent Posts by josephine
Fluctuations in US Stock Market Due to Treasury Yield Drop and Tech Stocks Rebound
The US stock market experienced fluctuations on Monday, marked by oscillations between gains and losses. A sudden drop in the yield on the two-year Treasury note was one of the reasons for this. The drop was significant, its largest in decades. On the other hand, tech stocks rebounded from a previous week’s dip after Silicon Continue Reading
Rising Rates Push Stocks Down in February
The Dow fell Tuesday, wrapping up February with a monthly loss as surging rates battered stocks after a string of data pointing to underlying strength in the economy forced investors to price in higher for longer Federal Reserve interest rates. The Dow Jones Industrial Average fell 0.65%, or 214 points, taking losses for February to Continue Reading
US Stocks Slide on Persistent Inflation Concerns and Hawkish Fed Tone
US stocks declined lower on Wednesday, witnessing some selling pressure, and dropped for a second straight session after economic data highlighted persistent inflationary pressures and Federal Reserve officials continued to sound hawkish. Data released in the US showed ISM Manufacturing PMI increases to 47.7 in February, which came in below the market expectation of 48. Continue Reading
US stocks rebound as Fed hints at possible rate pause
US stocks rebounded on Thursday, ending a two-day losing streak, following Federal Reserve Bank of Atlanta President Raphael Bostic’s announcement that the central bank may pause rate hikes this summer. US Treasury bond yields had earlier risen to multi-month highs amid inflation fears, supporting the US dollar. However, other central bank officials have reiterated hawkish Continue Reading
US Stocks Rebound, Bond Yields Up, Gold Surges on Weaker Dollar
US stocks managed to snap a three-week losing streak following Friday’s rally. Market sentiment remained upbeat despite a report showing resilience in the service sector, as more investors wagered the impact of the Fed’s hikes on the economy would be delayed. Bond yields rose for the week though Treasuries rallied on Friday, with the 10-year Continue Reading
