Wall Street indexes soared more than 1% after investors surmised that the recent acceleration in inflation is likely to cool in the months ahead after the core rate slowed in December.

BKCC GS C WFC JPM
Financial markets lacked direction across the Atlantic as investors awaited the release of the U.S. consumer price inflation report on Wednesday. The U.S. dollar continued to advance against major currencies, reflecting speculation that the yield gap between the U.S. bonds and international trade partners is likely to widen.

The yield on 10-year U.S. Treasury notes held steady after the producer price index rose at a slower-than-expected pace in December but still stayed above the Fed's target rate of 2%.

Wall Street indexes traded down in Monday's trading amid growing realization that the Federal Reserve's monetary policy is not restrictive enough in lowering inflation to its target rate of 2%.

Stock market indexes extended the previous week's losses as bond yields approached 17-year highs amid rising inflation expectations and a stronger-than-expected jobs market.

ANF HHC LULU
Bond yields spiked after nonfarm payrolls rose at a faster-than-expected pace in December, the jobless rate held steady at 4.1%, and average hourly earnings rose 3.9%.

WBA DAL TSM
Stock market indexes meandered on Wall Street and in Europe, and investors paused ahead of the release of the nonfarm payrolls report on Friday. Bond yields across the Atlantic advanced. Germany's factory orders and retail sales edged lower. China indexes extend 3-month losses.



Stock market indexes wavered amid renewed worries about resurgent inflation and tight labor market conditions. Friday's nonfarm payrolls report is likely to confirm moderate expansion in the labor force.

CALM AIR
Wall Street indexes dropped more than 1% on the worries of resurgent inflation driven by Trump tariffs in the months ahead. The Euro Area inflation accelerated, and the UK's home prices edged lower for the first time in nine months. 

Wall Street indexes wavered ahead of jobs reports, and the yield on the 10-year U.S. Treasury note traded near a seven-month high.

NVDA GETY SSTK ULTA NARI
Stock market indexes accelerated gains in Monday's trading, and mega-cap tech stocks led the gainers. The yield on the 10-year U.S. Treasury note hovered around 4.6%, and 30-year bonds to 4.85%, a high not seen since October 2023.

Wall Street indexes traded higher ahead of job market reports later in the week. The yield on the 10-year U.S. Treasury note hovered around 4.59% and approached a seven-month high.

NVDA AVGO MU
The S&P 500 index and the Nasdaq Composite are set to advance more than 20% for the second consecutive year in 2024 amid optimism about economic growth and sustained labor market expansion.

MSTR
Optimism prevailed on Wall Street as investors hoped that the downward trend in interest rates would persist amid post-election euphoria, and the artificial intelligence-linked stocks-powered rally would extend well into the new year. 

AAL


U.S. major averages advanced in Monday's trading amid fading hopes of a rally in the final five trading sessions. European markets struggled to advance, but indexes in China, India, and Japan closed higher.