Alphabet, Tesla Power Stock Indexes Higher
The gains come despite scaled-back bets on the Fed's interest-rate cuts. The S&P 500 rises 0.6%, while the tech-heavy Nasdaq Composite advances 0.8%.
Builder-confidence index reaches highest level since July 2023, driven by low resale inventory
Builder sentiment improved as the industry expects demand to stay strong, the National Association of Home Builders said.
The End of Japan's Negative Rates Will Be a Slow-Moving Tsunami
The long-term effects of positive rates could be profound-on everything from mortgage rates to U.S. government finances.
Odds of a June rate cut by Fed slip below 50%, according to this gauge
In the run-up to Wednesday's policy update by the Federal Reserve, traders in overnight index swaps gravitated toward a less-than-50% likelihood that policy makers will deliver their first interest-rate cut in June.
After the Putin Rally, Europe's Defense Stocks Get a Trump Bump
Arms manufacturers such as Rheinmetall are expanding to fill the space left by retreating U.S. security ambitions.
Hedge Funds Sue SEC Over Treasury Dealer Rule
The suit was filed in a district court that falls in the jurisdiction of an appeals court that has been skeptical of executive agencies' authorities.
The Fed's Challenge: Has It Hit the Brakes Hard Enough?
A resilient economy weakens the argument that monetary policy is too tight, but that could soon change.
China's Economy Has a New Problem: Its Job Market
Joblessness rose for the third straight month, pointing to pockets of weakness in China's economy.
Specialist Buyout Firms Cash In on Shale Consolidation
Some private-equity firms backing oil-and-gas producers cashed in on rising consolidation in the U.S. shale industry last year, selling assets for an expected $30.55 billion and fueling distributions to investors.
Hannon's Take: ECB Targets June Cut. Will The Fed Be There?
Surprisingly hot inflation readings suggests the U.S. Federal Reserve may be a laggard.
(END) Dow Jones Newswires
03-18-24 1915ET