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Just when you thought that the backing off from 5% might trigger a bit more of a retracement, it all but lasted a day - more or less. 10-year Treasury yields hit above 5% for the first time since 2007 on Monday before falling to near 4.80%…

© Reuters. FILE PHOTO: The new GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, U.S., March 16, 2021. Picture taken March 16, 2021. REUTERS/Rebecca Cook/File Photo (Reuters) - Shares of U.S.…

US stocks are closing the session at the lows with the Nasdaq index leading the way. The final numbers are showing:Dow industrial average -286.91 points or -0.86% at 33127.27S&P index -53.84 points or -1.26% at 4224.15NASDAQ index is…

Bitcoin (BTC) cruised into a new weekly close on Oct. 15 as “ultra boring” trading conditions still offered hope of a $27,000 breakthrough.BTC/USD 1-hour chart. Source: TradingView"Ultra boring" BTC price may yet surprise at weekly…

The major European stock indices are closing the session with mixed results. Italy and UK indices close higher. German, France, Spain close lower:German DAX, -0.23%France CAC, -0.37%UK's FTSE, 100 +0.33%Spain's Ibex, -0.26%Italy's FTSE MIB,…

The surge in popularity of weight-loss aiding drugs like Ozempic has not harmed demand for sugary drinks and salty snacks as widely predicted—at least not yet, if you believe the company behind Pepsi cola and Lays potato chips. “So far…

The major US indices are closing higher for the day. The gains came despite strong and expected US jobs report and higher yields. Traders are hoping that the tame wage data and the unemployment rate remaining unchanged at 3.8% (expected…

The month ended with some equity buying in Europe but it wasn't a pretty picture for the week or September (aside from the UK). I do love when a month ends on a Friday though, so it's a clean slate for October.On the day:Stoxx 600…

CRUDE OIL ANALYSIS AND TALKING POINTSUS crude hit its highest point for over a monthSupply is on market minds as production cuts look set to continueInventory levels also weigh on traders’ minds Recommended by David…

© Reuters. FILE PHOTO: Traders gather at the post where Snap Inc. is traded, just before the opening bell on the floor of the New York Stock Exchange (NYSE) in New York, U.S., May 11, 2017. REUTERS/Brendan McDermid/File Photo…