US stocks fell as the selloff in Treasuries resumed, with traders bracing for the possibility of more aggressive policy tightening by the Federal Reserve. Meanwhile, the US dollar is gaining momentum.Treasury yields rose across the curve, with the policy-sensitive two-year rate climbing as much as 15 basis points 2.73% as …
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Read More »Wall Street Ends Higher, Earnings Digested
Wall Street Ends Higher, Breaking a 3-Day Losing Streak Wall Street rallied to end higher on Wednesday, powered by a recovery in interest-sensitive growth stocks as investors digested hot inflation data and a mixed bag of quarterly results. Stocks closed higher on Wall Street as investors reviewed the latest round …
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