Tag: climb

As Argentina inflation nears 300%, climb in prices slows a bit

By Miguel Lo Bianco and Juan Bustamante BUENOS AIRES (Reuters) – Prices in Argentina are climbing, despite positive signs of a deceleration, with the embattled South American country’s annual inflation rate set to edge closer to 300% when the government reveals the latest data on Tuesday. Shopkeepers and consumers said that although monthly inflation readings […]

Does Soaring Novavax Stock Have Enough Fuel to Climb Higher?

Shares of the struggling vaccine developer Novavax (NASDAQ: NVAX) bounded 98.7% higher on Friday, May 10. The market was responding to terrific news from Sanofi (NASDAQ: SNY), a global pharmaceutical giant that wants to market Novavax’s COVID-19 and influenza vaccines. The recent Novavax stock rally continued after the weekend and investors are right to wonder […]

US stocks climb on solid earnings and rate cut hopes

AP Photo/Jason DeCrow US stocks surged on Monday amid solid first-quarter earnings reports and renewed hopes of interest rate cuts. Rate cut wagers grew following Friday’s lighter-than-expected April jobs report. The futures market is now pricing in at least two interest rate cuts by the end of the year. US stocks surged on Monday, extending […]

Stocks climb as Fed rate-hike fears fade, with Apple on deck

US stocks strode higher Thursday in a calm after the Fed day storm, as investors set aside rate worries for now to focus on Apple (AAPL) earnings and the coming monthly jobs report. The S&P 500 (^GSPC) rose roughly 0.6%, while the Dow Jones Industrial Average (^DJI) gained 0.5%. The tech-heavy Nasdaq Composite (^IXIC) led […]

US futures climb as Fed rate-hike fears fade, with Apple on deck

US stock futures strode higher Thursday in a calm after the Fed day storm, as investors set aside rate worries for now to focus on Apple (AAPL) earnings and the coming monthly jobs report. S&P 500 (^GSPC) futures rose roughly 0.7%, while those on the Dow Jones Industrial Average (^DJI) were 0.4% higher. Contracts on […]

Futures climb as Fed allays rate-hike worries

(Reuters) – U.S. stock index futures advanced on Thursday, a day after the Federal Reserve left interest rates unchanged and allayed fears around potential rate hikes, with focus moving to a spate of earnings updates through the day. While Fed chair Jerome Powell indicated that stubbornly high inflation would see a long-expected U.S. rate cut […]

Futures climb as Alphabet, Microsoft results lift megacaps

(Reuters) – U.S. stock index futures advanced on Friday as megacap growth shares rebounded on the back of robust quarterly results from Alphabet and Microsoft, while investors awaited a key inflation print that could help shape U.S. monetary policy. Alphabet jumped 11.5% in premarket trading after the Google-parent announced its first-ever dividend, a $70 billion […]

US Yields Climb Before a Record $70 Billion Sale: Markets Wrap

(Bloomberg) — The world’s biggest bond market came under pressure, with Wall Street gearing up for another jumbo-sized sale of Treasuries that will help determine whether a turning point is in sight after this year’s selloff. Most Read from Bloomberg Treasuries fell ahead of a $70 billion auction of five-year notes. While demand for a […]