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The Latest Breaking News from Schnabel

Stocks Pressured as Bond Yields Rise on Bank of Canada Rate Hike

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.15%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.10%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.68%. U.S. stocks this morning gave up early gains and...

Dollar Slips on a Snag in Debt Ceiling Talks and Dovish Powell

Dollar Slips on a Snag in Debt Ceiling Talks and Dovish Powell

The dollar index (DXY00 ) on Friday fell by -0.36%. The dollar retreated after Friday after talks to raise the debt ceiling hit a roadblock when Republican negotiators left a meeting with White House representatives and said talks were on a “pause.” The dollar also moved lower Friday after Fed...

Dollar Slips on a Dovish U.S. CPI Report

Dollar Slips on a Dovish U.S. CPI Report

The dollar index (DXY00 ) on Wednesday fell by -0.14%. The dollar on Wednesday fell moderately as the weaker-than-expected U.S. Apr CPI report knocked T-note yields lower and fueled speculation the Fed may be done with its rate-hike campaign. Also, strength in EUR/USD weighed on the dollar as the euro...

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Favorable CPI Report Sparks a Rally in Technology Stocks

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.23%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.23%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.99%. U.S. stocks this morning are mixed, with the S&P...

Markets Today: Stocks Rally as U.S. CPI Eases

Morning Markets June E-Mini S&P 500 futures (ESM2 3) this morning are up +0.37%, and June Nasdaq 100 E-Mini futures (NQM2 3) are up +0.45%. U.S. stock index futures this morning erased overnight losses and pushed higher after U.S. consumer prices eased in April. Bond yields also fell on the...

Dollar Slips as Stocks and the Euro Rally

The dollar index (DXY00 ) on Thursday fell by -0.48%. An unexpected downward revision Thursday to U.S. Q4 GDP weighed on the dollar. Also, stronger-than-expected German inflation news Thursday was hawkish for ECB policy and pushed the euro higher against the dollar. In addition, a rally in U.S. stocks Thursday...

Strength in Chipmakers Pushes Tech Stocks and the Overall Market Higher

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.63%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.33%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.95%. U.S. stock indexes this morning are moderately higher, with...

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Markets Today: Stock Indexes Move Higher as Market Sentiment Improves

Markets Today: Stock Indexes Move Higher as Market Sentiment Improves

Morning Markets March S&P 500 futures (ESM2 3) this morning are up +0.57% at a 3-week high, and March Nasdaq 100 E-Mini futures (NQM2 3) are up +0.63% at a 1-week high. U.S. stock index futures this morning are moderately higher as a further easing of the banking turmoil boosts...

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