bond-yields

Calm returns to Wall Street as U.S. stocks stabilize following recent volatility

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Calm returns to Wall Street as U.S. stocks stabilize following recent volatility

U.S. stocks are bouncing back, and calm is returning to Wall Street after Japan’s market soared earlier Tuesday to claw back much of the losses from its worst day since 1987. The S&P 500 was rallying by 1.6 per cent in midday trading and on track to break a brutal three-day losing streak. It had tumbled a bit more … Read more

Global stock markets end week in a slump over fears of U.S. recession

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Global stock markets end week in a slump over fears of U.S. recession

Stocks tumbled Friday on worries the U.S. economy could be cracking under the weight of high interest rates meant to whip inflation. The S&P 500 fell 1.8 per cent on Friday for its first back-to-back loss of at least one per cent since April. The Dow Jones industrial average lost 1.5 per cent, and the Nasdaq composite … Read more