Treasuries Extend Yesterday’s Steep Drop Amid Economic Optimism

Treasuries moved to the downside during trading on Tuesday, extending the steep drop seen over the course of the previous session. Bond prices came under pressure early in the session and remained firmly negative throughout the day. As a result, the yield on the benchmark ten-year note, which moves opposite of its price, rose by […]

Stocks rise as 2022 kicks off, Tesla jumps on deliveries

Maria Bartiromo’s Wall Street – Friday, December 31 Inflation, Omicron, Joe Biden U.S. investors are easing into 2022, giving U.S. stocks a boost on Monday extending 2021's winning streak.  The Dow Jones Industrial Average rose over 70 points or 0.2%, while the S&P 500 and Nasdaq Composite gained 0.4% and 0.8%, respectively.  Ticker Security Last […]

Gold, silver lose sheen

The Comex gold price is still coiling in a tight range, indicating a contraction in volatility. After a subdued trend in the early part of December, both gold and silver managed to edge up in the second half. Precious metals however lost their sheen in the year 2021 with Comex gold recording its worst yearly […]

U.S. companies are thriving despite the pandemic—or because of it

IKEA raises prices in 2022, blames supply chain issues Retail Industry Leaders Association President Brian Dodge and H Squared Chief Research Officer Hitha Herzog, discuss the retail outlook for 2022 on ‘The Claman Countdown’ Nearly two years after the coronavirus pandemic brought much of the U.S. economy to a halt, public companies are recording some […]

ICICI Prudential Mutual Fund silver ETF to open for subscription on January 5

The new fund offer (NFO) will open for subscription on January 5 and conclude on January 19, documents showed. Asset management company ICICI Prudential Mutual Fund has announced the launch of country’s first silver ETF that will invest in physical silver and silver-related instruments. The new fund offer (NFO) will open for subscription on January […]

Sensex rallies over 450 points on last trading day of 2021

Titan was the top gainer in the Sensex pack. Equity benchmark Sensex rallied over 450 points on the last trading day of 2021 on Friday, led by strong gains in Maruti, SBI and Bajaj Finance. The 30-share index surged 459.50 points or 0.80 % to end at 58,253.82. Similarly, the Nifty rose by 150.10 points […]

U.S. 10-year Treasury yield holds above 1.5%

The yield on the benchmark 10-year Treasury note rose to 1.5479% by 1:30 a.m. ET, while the yield on the 30-year Treasury bond edged up to 1.9596%. The U.S. has confirmed more than 4.5 million Covid cases this month, according to data from Johns Hopkins University. That's well above November's tally of 2.54 million. U.S. Treasury yields […]

How AI is changing the way we work

Hong Kong (CNN Business)SenseTime rallied in its Hong Kong debut Thursday, as it tried to move past a politically-fraught month that forced the Chinese artificial intelligence startup to delay its initial public offering. Shares in the company were last trading at 4.29 Hong Kong dollars (55 cents) each, up more than 11% from an offer […]

Stocks making the biggest moves midday: Victoria's Secret, Tesla, Didi and more

Check out the companies making headlines in midday trading Wednesday. Victoria's Secret — Shares of Victoria's Secret jumped more than 10% after the intimate apparel retailer announced a $250 million accelerated share repurchase program. The company also reaffirmed fourth-quarter guidance provided in November, including an up to 3% increase in sales versus last year's fourth-quarter […]