Benchmark indexes on Wall Street advanced, and the yield on 10-year Treasury notes hovered around the lows seen in July. Gold jumped to a two-week high after the U.S. dollar eased.
Stocks rested and the dollar hovered near the year's low as investors debated the future rate path and awaited the personal income and outlays report. Housing starts unexpectedly rose in November.
U.S. market indexes advanced, Treasury yields dropped to five-month lows, and the dollar index drifted lower, despite policymakers stressing talks of rate-cut expectations are premature and inflation is still above target.
Stock market indexes advanced in early trading, and investors overlooked cautious comments from policymakers. The dollar index edged lower, and Treasury yields hovered near recent lows.
Stocks advanced in Friday's trading, and major market averages are set to extend their gains to the seventh week in a row. Crude oil rebounded, gold edged higher, and the yield on the 10-year Treasury notes drifted lower.
Global market indexes were on the upswing after the Federal Reserve signaled rate cuts and held its key lending rate range. The European Central Bank trimmed its growth outlook, and the Bank of England stressed that rates are likely to stay higher for a longer period of time.
Benchmark indexes advanced for the second day after the Federal Reserve signaled rate cuts and retail sales rose in November. The yield on 10-year Treasury notes dropped to a four-month low of 4%.
Stocks rebounded and Treasury yields turned lower after the Federal Reserve left its key lending rate range unrevised and signaled several rate cuts next year.
Stock market indexes edged higher, and investors awaited the Fed's rate decision later in the day. Investors are looking forward to gaining deeper insights into how policymakers think about future rate paths, the inner workings of the economy, and labor market conditions.
European markets edged slightly higher ahead of the rate decisions from the European Central Bank, the Federal Reserve, and the Bank of England. UK GDP unexpectedly contracted in October amid declines in manufacturing, construction, and services.
Stocks advanced and crude oil prices dropped after the latest inflation report showed a cooling trend in November. Rising crude oil supplies in the global markets from the U.S., Canada, Brazil, and Guyana also weighed on market sentiment.
Stocks advanced after the release of the consumer price inflation report. Overall inflation eased in November, but core inflation held steady at a rate significantly higher than the target rate set by the central bank.
Market indexes rested ahead of the release of inflation reports and the Federal Reserve's rate decision and economic and inflation forecast. European markets traded near recent highs, and market indexes in China struggled after the worries of deflation gripped market sentiment.
The U.S. economy added jobs at a faster pace in November, and wage gains were in line with expectations. 10-year Treasury yield jumped on the worries that the labor markets are tighter than previously estimated.
