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The Latest Breaking News from Goolsbee

Stocks Close Lower as U.S. Wage Pressures Keep the Fed on Track to Raise Rates

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Friday closed down -0.29%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.55%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.35%. Stock indexes Friday closed moderately lower, with the Dow...

Stocks Undercut as Little Progress is seen in U.S. Debt Ceiling Talks

Stocks Undercut as Little Progress is seen in U.S. Debt Ceiling Talks

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Tuesday closed down -0.63%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -1.01%, and the Nasdaq 100 Index ($IU ) (QQQ ) closed up +0.09%. Stock indexes Tuesday settled mixed, with the Dow Jones...

Dollar Gains on Positive U.S. Economic News and Higher Bond Yields

Dollar Gains on Positive U.S. Economic News and Higher Bond Yields

The dollar index (DXY00 ) on Tuesday rose by +0.12%. The dollar saw support from stronger-than-expected U.S. manufacturing production and NAHB housing reports, which pushed T-note yields higher. In addition, hawkish Fed comments Tuesday from Chicago Fed President Goolsbee and Richmond Fed President Barkin gave the dollar a boost. Weakness...

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Stocks Settle Mixed Ahead of Wednesday’s U.S. Inflation News

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Tuesday closed unchanged, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.29%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.67%. Stock indexes Tuesday settled mixed, with the Dow Jones Industrials...

Dollar Falls on Dovish Fed Comments

The dollar index (DXY00 ) on Tuesday fell by -0.37%. Dovish Fed comments Tuesday from Chicago Fed President Goolsbee and New York Fed President Williams weighed on the dollar. Also, strength in the euro weighed on the dollar Tuesday after a gauge of Eurozone investor confidence rose more than expected....

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