U.S. equity futures climbed alongside stocks in Europe and Asia at the start of a busy week for Federal Reserve speakers, corporate earnings and economic data. Treasuries gained while the dollar was little changed.
A couple of prominent investment funds are currently living through a portfolio manager’s worst nightmare: So many customers are demanding their money back that withdrawals need to be frozen.
A U.S. interest-rate cut may be on the horizon, but a JPMorgan Asset Management fund is shying away from emerging-market assets.
Federal Reserve Chairman Jerome Powell suggested that the central bank has room to ease monetary policy as the tie between the inflation and jobless rates has broken down.
Gold futures rose for a third day on speculation stronger-than-expected U.S. inflation won’t be enough to convince the Federal Reserve to shut the door on a potential interest rate increase as soon as this month.
As traders celebrate a thousand-point breakthrough for the S&P 500, they’re trying not to think too hard about the last one.
Federal Reserve Chairman Jerome Powell said downside risks to the U.S. economy are lingering as trade wars soften business investment and inflation stays weak, signaling that policy makers may be poised to cut interest rates as soon as this month.
The wealthy masses are starting to bet their money on a new U.S. tax break after more than a year of indecision.
The world’s biggest money manager is battening down the hatches heading into the third quarter, raising cash and taking a “modestly” more defensive investing stance.
Morgan Stanley downgraded its view of large-cap banks after the group had rallied 23% so far this year, and as the Federal Reserve’s stress tests are over, which probably translates into fewer positive catalysts ahead.
There’s a significant risk of an abrupt sell-off in the bond market, which could also engulf stocks, according to JPMorgan Chase & Co.