The Latest Breaking News from Jefferson

The dollar index (DXY00 ) on Wednesday rose +0.14% and posted a 2-1/2 month high. The dollar saw support Wednesday as weakness in stocks boosted the liquidity demand for the dollar. However, dovish comments from Fed Governor Jefferson and Philadelphia Fed President Harker tempered the dollar’s rally when they signaled...

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Tuesday closed down -0.46%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.17%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.68%. Stock indexes Tuesday closed moderately lower ahead of U.S....

The dollar index (DXY00 ) on Tuesday rose by +0.22%. The dollar on Tuesday posted moderate gains as concern about the ongoing U.S. debt ceiling turmoil boosted safe-haven demand for the dollar. Also, hawkish comments from New York Fed President Williams and Fed Governor Jefferson lifted bond yields and were...

Recently, in an election of national significance, a Donald Trump-backed candidate was easily bested in his quest to lead the Michigan Republican Party, a state considered pivotal for control of both the Senate and the presidency in 2024. Trump’s choice for the post, Matthew DePerno, had all the qualifications to…

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