The Latest Breaking News from Philadelphia Fed

Stocks Slump as Middle East Tensions Persist

What you need to know… The S&P 500 Index ($SPX ) (SPY ) on Friday closed down -1.26%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.86%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -1.50%. Stocks on Friday retreated, with the S&P 500,...

Barchart · Oct 20, 2023

Dollar Falls Back Slightly as Bond Yields Decline

The dollar index (DXY00 ) on Friday fell by -0.08%. The dollar Friday fell back slightly as T-note yields declined, weakening the dollar’s interest rate differentials. Also, dovish comments Friday from Philadelphia Fed President Harker and Cleveland Fed President Mester undercut the dollar when they said they favored the Fed...

Barchart · Oct 20, 2023

Stocks Fall as Middle East Jitters Spark Risk Aversion in Asset Markets

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.87%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.46%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.19%. Stocks this morning are moderately lower, with the S&P...

Barchart · Oct 20, 2023

Stocks Set to Open Higher as Investors Await Powell Speech and Corporate Earnings

December S&P 500 futures (ESZ23) are up +0.28%, and December Nasdaq 100 E-Mini futures (NQZ23) are up +0.04% this morning as market participants braced for a busy week of corporate earnings while awaiting a key speech by Federal Reserve Chairman Jerome Powell.

Barchart · Oct 16, 2023

Stocks End Mostly Lower on Geopolitical Risks in the Middle East

What you need to know… The S&P 500 Index ($SPX ) (SPY ) on Friday closed down -0.50%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.12%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -1.24%. Stocks on Friday mainly settled lower, although the...

Barchart · Oct 13, 2023

Geopolitical Risks Weigh on the Overall Market Despite Strong Bank Earnings Results

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.35%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.03%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.82%. Stocks this morning are mixed, with the Dow Jones...

Barchart · Oct 13, 2023

Rising Bond Yields Pressure Stock Prices

The S&P 500 Index ($SPX ) (SPY ) Thursday closed down -0.77%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.84%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -1.08%. Stocks on Thursday closed moderately lower, with the S&P 500 posting a 7-week low,...

Barchart · Aug 17, 2023

Dollar Posts a 2-Month High on Strong Bond Yields

The dollar index (DXY00 ) Thursday rose by +0.07% and posted a 2-month high. The dollar Thursday recovered from early losses and moved higher after the 10-year T-note yield jumped to a 9-3/4 month high. Also, better-than-expected U.S. economic news on weekly jobless claims and the Aug Philadelphia Fed business...

Barchart · Aug 17, 2023

Stocks Lower as Bond Yields Rise

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.13%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.19%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.39%. Stocks this morning are lower, with the Nasdaq-100 falling...

Barchart · Aug 17, 2023

Stocks Mixed on a Rebound in Chinese Stocks and Higher Bond Yields

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.03%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.16%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.34%. Stocks this morning are mixed, with the Nasdaq 100...

Barchart · Aug 17, 2023