Weaker-than-expected reports on the health of U.S. services industries and the job market send bond yields lower, too.
stock market
Wall Street snaps winning streak after weak economic data
Tuesday’s reports on job openings and factory orders may have heightened recession fears.
Wall Street rallies, marking 2nd winning week in a row
Still, much of the focus is on Deutsche Bank, whose stock tumbled 8.5% in Germany.
Stocks rally after battered First Republic gets a lifeline
This week has been a whirlwind for markets globally on worries that banks may be bending under the weight of the fastest set of hikes to interest rates in decades.
Stocks tumble on Wall Street on renewed fears about banks
The heaviest losses are focused on smaller and midsize banks, which are seen as more at risk of having customers try to pull their money out en masse.
Stocks rise on Wall Street, but remain lower for the week
Major indexes are all in the red for the week and have been swinging between big monthly gains and losses throughout the year.
Stocks slide as strong data suggests Fed has more to do
Investors are also weighing several international developments that could further unsettle a global economy that is already getting burned by stubbornly hot inflation.
Wall Street ends mixed following strong data on wages, jobs
Stocks had been on the upswing for the last month on hopes the worst of the nation’s high inflation may have passed already.
U.S. stock indexes fall as lockdown protests spread in China
Investors have a busy week ahead as they continue monitoring the hottest inflation in decades and its impact on consumers.
Stocks gain ground on Wall Street ahead of U.S. holiday
Wall Street has been closely watching the latest economic and inflation data for any signs that might allow the Fed to ease up on future rate increases.