Markets Insider

US stocks slumped on Wednesday, with major averages down as bond yields rose as Nvidia shares wavered and investors eyed fresh economic data. Nvidia shares slid as much as 1.2% in early-morning trading before paring losses, trading about 0.25% higher shortly after the opening bell. The chipmaker lost over $400...

Stock market news: US stocks slide and bond yields rise as traders eye new economic data

Reuters

A look at the day ahead in European and global markets from Tom Westbrook. So much for a week watching football and cricket while counting down to Friday's blockbuster U.S. personal consumption price index.

Morning Bid: Inflation waiting game turns worrisome

Gold prices slipped 1% to their lowest level in more than two weeks on Wednesday, weighed by a stronger dollar and higher bond yields, while traders looked forward to U.S. inflation data due later this week. Spot gold was down 0.8%, at $2,301.16 per ounce by 2:03 p.m. ET (1803...

Gold falls to two-week low as higher dollar, yields dent appeal

NEW YORK (Reuters) - A series of upcoming economic reports and Congressional testimony from Federal Reserve Chairman Jerome Powell could jolt U.S. government bonds out of a narrow trading range. Yields on benchmark U.S. 10-year Treasuries, which move inversely to bond prices, have bounced between about 4.20% and 4.35% since...

Jobs, inflation data may break the US Treasury market out of narrow range

TheStreet

The 10-year Treasury yield has slid to 4.3% from 4.62% May 29.

Former Treasury official unveils startling interest rate prediction

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Devra Lee

Disclaimer: This content was written by Devra Lee for general informational and entertainment purposes only. This service is to provide astrological information that has been researched, recorded, and observed by the author.

Horoscope of the day, Sunday, June 30th

California State

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Alameda Post

California regulators just stopped AT&T from pulling the plug. California’s Public Utilities Commission on June 20 rejected AT&T’s application to stop providing landlines and other services in areas where there is no other option.

Still Need Your Landline?

Writers represent independent, third-party users who have joined our contributor program and self-verified their accounts. Writers are expected, like all users, to adhere to our Community Standards.

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J. Souza

An 81-year-old foreign passenger was found dead in her cabin onboard a Maltese-flagged cruise ship on Saturday afternoon, according to a statement from the Greek Coast Guard. A Greek news outlet reported that the incident occurred while the vessel was docked at the picturesque Port of Mykonos, a popular tourist destination in the Aegean Sea.

Cruise Ship Passenger Found Dead in Cabin, Coast Guard Reports

WASHINGTON (Reuters) -The biggest U.S. banks would have enough capital to withstand severe economic and market turmoil, the Federal Reserve's annual "stress test" exercise showed on Wednesday, but firms faced steeper hypothetical losses this year due to riskier portfolios.

US banks suffer steeper losses, but retain large cushions in annual Fed health check

Newark, NJ

Morristown Minute

NEWARK, N.J. – Eight individuals associated with the "793 Bloods" street gang, a subset of the national Bloods gang, have been charged for their roles in a Newark-based drug trafficking organization, U.S. Attorney Philip R. Sellinger announced.

Eight '793 Bloods' Gang Members Charged in Newark Drug Network

Texas State

Galveston, TX

Angry Ben

Destructive Storms With a History of Widespread Damage Reaches Galveston and Other Gulf Coast Towns. Good morning everyone. Our severe weather late yesterday and last night throughout the Texas Panhandle and the Dallas/Ft Worth area, organized exactly as discussed in yesterday's articles.

Severe Weather Related "Tsunami" Possible Along Texas Gulf Coast

NEW YORK (Reuters) - U.S. stock futures and the dollar rose in early Asian trading on Friday as 2024 presidential election candidates Joe Biden and his predecessor Donald Trump sparred in their first debate, with Trump viewed as putting in a stronger showing than his opponent.

US stock futures, dollar rise after Biden-Trump debate

Oil prices have surged over the last three weeks as geopolitical tensions climbed, although concerning economic data in the U.S. could drag prices back down. All eyes are fixed on US inflation data as crude oil prices have maintained their hot streak and are set to end this week with a third weekly gain. Surging geopolitical tensions around Israel and Lebanon have overshadowed slackening economic data from the US in May, with every single day this week posting a day-on-day increase and Brent set to finish the week at $87 per barrel.

Markets Await Inflation Data as Oil Prices Continue to Rally

The economy is flashing fresh warning signs a recession is on its way, according to Societe Generale. The French bank pointed to three worrying data points that have raised red flags in the past week. The firm is sticking to its recession call despite growing optimism over a soft-landing. The...

3 signs the US economy is nearing a recession have flashed in the last week, SocGen says

TOKYO (Reuters) -Core inflation in Japan's capital accelerated in June on rising fuel bills and the boost to import costs from a weak yen, data showed on Friday, keeping alive expectations for a near-term interest rate hike by the central bank. Separate data showed factory output rebounded nationally in May...

Inflation in Japan's capital accelerates, keeps BOJ rate hike prospects alive

Total Apex Sports & Entertainment

The global economic collapse is adversely affecting relationships. Some zodiac signs are struggling to pick partners who will stand by them when they are financially unstable. The zodiac greatly affects people’s character. However, it isn’t the only thing you should consider when choosing a lover. Select someone who is understanding and you are compatible. This might be time-consuming but it is worth it. Which reliable zodiac signs are ideal to start a long-term relationship with?

4 Zodiac Signs Who Always Stand Up For Their Partner

During this unusually newsy summer Friday, you may have missed one positive update: The latest inflation data confirms that price increases are in fact decelerating. The personal consumption expenditures price index (PCE), which is the Fed’s chosen gauge for inflation, showed core costs rose 0.08% in May, its smallest increase since late 2020. Core PCE, which excludes energy and food, is up about 2.6% from a year ago, in line with expectations, and 0.2% lower than in April.

Finally some good inflation news

Stocks gave up early gains to close in the red Friday despite the Federal Reserve’s preferred inflation measure showing price pressures eased in May. The Nasdaq Composite slid 0.7% to finish the week 0.2% higher. The S&P 500 fell 0.4% Friday to end 0.1% lower for the week. The Dow Jones Industrial Average slipped 0.1% to finish the week little changed. The Dow was the only index to lose ground in the second quarter. It fell about 2% while the S&P 500 and Nasdaq rose 4% and 8%, respectively.

Markets News, June 28, 2024: S&P 500, Nasdaq Retreat From Records; Indexes Notch Positive H1

Georgia State

Douglas City, CA

Daily Coffee Press

This afternoon, Kentaiwon Durham, the Douglas City Commissioner of Ward 2, entered a guilty plea for wire fraud in the U.S. District Court for the Southern District of Georgia. Consequently, Durham is mandated to resign from his position as a city commissioner.

Georgia City Commissioner Pleads Guilty to Wire Fraud in $20K PPP Fraud Scheme

Chicago Happenings

What is more summery than an icy, sweet frozen drink? If the heat wave is getting to you, try whipping up this simple frozen strawberry lemonade. All you need is your choice of lemonade and some frozen strawberries. You can use store-bought lemonade, make your own from scratch, or a powdered version. As for strawberries, frozen ones are the easiest choice. If you'd rather use fresh, add at least two cups of ice until you reach a nice, frozen consistency.

2-Ingredient Frozen Strawberry Lemonade: Beat the Heat!

NewsBreak

Stock markets mostly rise before US inflation, amid vote activity

Stock markets mostly climbed and the dollar diverged Friday awaiting key US inflation data and with focus on upcoming global elections and yen weakness. Traders are...

Stock markets mostly rise before US inflation, amid vote activity

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