Fed Chair Kevin Warsh Drops Forward Guidance, Bases Inflation Plan on Bond Market Signals
Federal Reserve Chair Kevin Warsh has scrapped a two-decade-old practice of forward-looking guidance in FOMC statements, telling markets to react…
Indices News
News about stock market indices (S&P 500, Nasdaq, Dow Jones, etc.)
Treasury Yields Hold Steady Ahead of Key Jobs Data
Treasury yields sat unchanged Friday morning as traders waited for the July nonfarm payrolls and jobless claims data due later…
Global equity funds draw inflows for 11th straight week as earnings beat forecasts
Global equity funds drew a net $21.15 billion in the week ended August 5, an 11th straight week of inflows,…
Dow Jones Leads Wall Street Lower as Earnings Guidance Disappoints
Wall Street closed lower on Thursday as the Dow led declines while earnings guidance disappointed investors. SanDisk sold off sharply…
Michael Burry opens short positions against Oracle and Nebius over AI chip depreciation
Michael Burry has opened short positions against Oracle and Nebius Group, arguing both companies understate how fast their AI chips…
