A popular Wall Street currency trade is getting hit by geopolitical uncertainty
Concerns are being raised about how well the so-called carry trade in currencies can do after the foreign-exchange market was rocked earlier this month by...
The AI ‘bubble’ has helped the U.S. stock market dominate the world. What happens if it bursts?
The strength of the U.S. economy relative to the rest of the world postpandemic has convinced some bullish investors that the country’s stock market will...
Stock-market investors clamor for rate cuts. They should be careful what they wish for.
Stock-market investors seem to be clamoring for rate cuts from the Federal Reserve, although the S&P 500 has been on a record-breaking run even without...
AMC’s theaters have their best weekend of 2024 thanks to ‘Inside Out 2’ — but its stock is falling
AMC Entertainment Holdings Inc. said Monday that its theaters just had their best weekend of the year in terms of moviegoers, but that didn’t stop...
Popular tech ETF forced to dump Apple stock, buy Nvidia in upcoming rebalancing
A major shakeup is coming to a popular tech-sector exchange-traded fund.
The divergence beneath the surface of the S&P 500 has reached historic extremes
As Big Tech stocks pushed higher last week while the rest of the market lagged, the gulf between the performance of S&P 500 and its...
Harker says air of ‘uncertainty’ surrounds inflation, sees just one Fed rate cut in 2024
The chief of the Philadelphia Federal Reserve on Monday said one reduction in interest rates “would be appropriate by year’s end” based on the current...
Is the stock market open on Juneteenth, June 19? Will the post office deliver mail?
The newest federal holiday will see many closures.
Former Chicago Fed President Charles Evans says September rate cut is possible
Economists are divided between a first cut in September or waiting for December. Traders in derivative markets see the Fed cutting interest rates twice starting...