Market Extra: Here’s how much financial conditions have eased across stocks, bonds and the dollar ahead of Fed rate decision
Financial conditions have eased ahead of the Federal Reserve’s policy meeting this week, with U.S. stocks extending their rally on Monday afternoon as investors prepare...
: Airports will see their busiest holiday travel season on record, AAA projects
Overall, this holiday travel season is expected to be the second busiest in the last two decades, the organization said.
: John Chambers expects an AI bubble, which will claim a majority of companies, ‘but it is worth the bet’
'Going into 2024, it will be the decade of AI,' Chambers said in an interview Monday.
: Dow closes at highest in nearly 2 years as stocks climb for 3rd day
U.S. stocks climbed for a third-straight day Monday, with the three main indexes closing at fresh 52-week highs, according to FactSet data, as investors turned...
: Lucid’s stock drops 4% after CFO departure
Shares of Lucid Group Inc. LCID fell 4% in the extended session Monday after the EV maker said that Chief Financial Officer Sherry House has...
Market Extra: Inflation traders expect annual core CPI rate to linger a bit above 2% through October 2024
Traders see the Federal Reserve getting closer to 2% inflation next year, as measured by annual core and headline readings from the consumer price index.
: Oil futures end modestly higher after posting 7 consecutive weekly declines
Oil futures finished higher on Monday after posting seven consecutive weekly declines. Gains for the session came from a “combination of near-term oversold conditions in...
: U.S. stocks rise ahead of inflation data, Fed meeting
U.S. stocks traded higher in the final hour of trading on Monday, ahead of the release of key inflation data and the Federal Reserve’s interest-rate...
: General Atlantic confidentially files for U.S. initial public offering: Bloomberg
General Atlantic, the 43-year-old private-equity firm that invested in Meta Platforms Inc. META and many other blockbuster companies before they went public, has filed a...