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The Latest Breaking News from University of Michigan

Stocks Sharply Lower as a Strong US Jobs Report Signals Fed Pause

The S&P 500 Index ($SPX ) (SPY ) today is down -1.58%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -1.52%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.82%. March E-mini S&P futures (ESH25 ) are down -1.64%, and March E-mini Nasdaq futures...

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Dollar Rallies as Bond Yields Spike on US Labor Market Strength

The dollar index (DXY00 ) today is up by +0.41% and posted a 2-year high. Today’s stronger-than-expected US Dec payroll report pushed bond yields higher and boosted the dollar as unexpected signs of strength in the labor market reduced the chances of Fed rate cuts. The dollar added to its...

Barchart

Detroit’s reparations task force now has until 2025 to make its report, but going slow with this challenging work may not be a bad thing

The work of crafting reparations at the municipal level is fierce.

The Conversation

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No flood gauges, no warning: 99% of US streams are off the radar amid rising flash flood risks – we saw the harm in 2024

Flooding is one of the deadliest and costliest natural disasters in the U.S., causing billions of dollars in damage each year. In 2024 alone, floods destroyed homes in over a dozen states and claimed more than 165 lives.

The Conversation

University Of Michigan DEI Director Fired Over Antisemitic Remarks

University of Michigan administrator terminated for alleged antisemitic comments, sparking controversy and tensions on campus.

Top News

DEI Still Has An Anti-Semitism Problem

University of Michigan DEI Official alleged to have said "wealthy and privileged” Jewish students do not need DEI services.

Reason

AI supercharged the sciences in 2024, revealing a major breakthrough in Alzheimer's diagnosis

A surge of AI-powered breakthroughs reminds us of the good that artificial intelligence can do, when placed in the right hands.

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Stocks Finish Mostly Higher on Positive US Economic News

The S&P 500 Index ($SPX ) (SPY ) Friday closed up +0.25%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.28%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.92%. Stocks on Friday settled mixed, with the S&P 500 and Nasdaq 100 posting new...

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Dollar Climbs on Positive US Economic News and Hawkish Fed Comments

The dollar index (DXY00 ) Friday rose by +0.30%. The dollar recovered from a 3-1/2 week low Friday and moved moderately higher. Short covering emerged in the dollar Friday after the University of Michigan US Dec consumer sentiment index rose more than expected to an 8-month high. Also, hawkish Fed...

Barchart

Crude Oil Falls Over 1%; US Consumer Sentiment Surges In December

U.S. stocks traded mixed midway through trading, with the Dow Jones index falling around 0.2% on Friday.

Benzinga

S&P 500 and Nasdaq 100 Post New Record Highs on Fed Rate Cut Expectations

The S&P 500 Index ($SPX ) (SPY ) today is up +0.34%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.13%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.67%. Stocks are climbing today, with the S&P 500 and Nasdaq 100 posting new record...

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Dollar Recovers on Signs of US Economic Strength

The dollar index (DXY00 ) today is up by +0.27%. The dollar recovered today from a 3-1/2 week low and is moderately higher. Short covering emerged in the dollar today after the University of Michigan US Dec consumer sentiment index rose more than expected to an 8-month high. The dollar...

Barchart

University of Michigan ends diversity statements in hiring amid DEI cuts

Move comes as board of regents is expected to weigh other rollbacks to the university’s DEI initiatives

The Guardian - US

Nearly Half of Latin American Migrants Report Suffering Gun Violence Before Reaching the U.S.

University of Michigan survey links firearm threats to post-traumatic stress disorder among migrants.

Latin Times

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Benzinga

Billionaire Larry Ellison's Role In Landing Top Recruit Bryce Underwood At Michigan

Billionaire Larry Ellison is linked to helping fund the NIL deal that led to Bryce Underwood flipping his recruitment from LSU to the University of Michigan.

Barchart

Stocks Rally on the Prospects of Trump’s Business-Friendly Policies

The S&P 500 Index ($SPX ) (SPY ) Friday closed up +0.35%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.97%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.17%. Stocks on Friday settled moderately higher, with the S&P 500 posting a 1-week high...

Barchart

Euro Weakness Boosts the Dollar to a 2-Year High

The dollar index (DXY00 ) Friday rose by +0.55% and posted a 2-year high. Friday’s weaker-than-expected Eurozone economic news signals a struggling European economy that is weighing on the euro to the dollar’s benefit. The dollar extended its gains Friday after the US Nov S&P manufacturing and service PMIs increased....

Barchart

Stocks Climb on Economic Optimism

The S&P 500 Index ($SPX ) (SPY ) today is up +0.26%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.57%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.04%. Stocks today are moderately higher, with the S&P 500 and Dow Jones Industrials posting...

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Dollar Jumps to a 2-Year High as the Euro Slumps on Eurozone Economic Weakness

The dollar index (DXY00 ) today is up +0.54% and climbed to a 2-year high. Today’s weaker-than-expected Eurozone economic news signals a struggling European economy that is weighing on the euro to the dollar’s benefit. The dollar extended its gains after the US Nov S&P manufacturing and service PMIs increased....

Barchart

Stocks Settle Higher on Optimism Over President-Elect Trump’s Policies

The S&P 500 Index ($SPX ) (SPY ) Friday closed up +0.38%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.59%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.07%. Stocks on Friday extended this week’s rally, with the S&P 500, the Dow Jones...

Barchart

Dollar Supported by Euro Weakness and Strong US Consumer Sentiment

The dollar index (DXY00 ) Friday rose by +0.49%. The dollar rallied Friday as political uncertainty in Germany weighs on the euro after German Chancellor Scholz called for a snap election in January. The dollar extended its gains Friday after the University of Michigan US Nov consumer sentiment index rose...

Barchart

Dollar Gains on Euro Weakness and Solid US Consumer Sentiment

The dollar index (DXY00 ) today is up by +0.26%. The dollar today is moving higher as political uncertainty in Germany weighs on the euro after German Chancellor Scholz called for a snap election in January. The dollar extended its gains today after the University of Michigan US Nov consumer...

The Guardian - US

Harris says ‘I love your generation’ as she seeks to rally youth vote in Michigan

Democratic presidential candidate campaigns in university city of Ann Arbor as polls show state on knife-edge

Top News

Vice President Harris And Gov. Walz Rally Young Voters

Vice President Kamala Harris and Gov. Tim Walz rally in Ann Arbor to engage young voters with policy proposals and shared values.

Barchart

Stocks Settle Mixed as Early Gains Fade on Mixed Corporate News

The S&P 500 Index ($SPX ) (SPY ) Friday closed down by -0.03%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down by -0.61%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up by +0.59%. Stocks on Friday settled mixed, with the Dow Jones Industrials falling...

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