It has taken just one day for Tesla Inc.’s stock to erase the entire bounce it enjoyed over the last three days trading sessions of 2022, as disappointing deliveries data Read more
Tag: hits
Consumer confidence hits 8-month high as worries about inflation and recession fade
The numbers: A survey of consumer confidence jumped to a eight-month high of 108.3 in December, reflecting fewer worries about inflation and more optimism about jobs and the economy. The Read more
U.S. stock futures fall as Chinese protests rattle markets, oil hits 2022 low
U.S. stock-index futures sank Sunday night, as Asian markets fell following widespread public demonstrations in China and as oil prices hit a 2022 low. Dow Jones Industrial Average futures YM00, Read more
Consumer sentiment hits lowest level since June as fear of recession looms
The numbers: Consumer sentiment soured in November, hitting its lowest level since July as Americans contended with continued inflation and a worsening economic outlook. The University of Michigan’s gauge of Read more
Consumer sentiment hits lowest level since June as fear of recession looms
The numbers: Consumer sentiment soured in November, hitting its lowest level since July as Americans contended with continued inflation and a worsening economic outlook. The University of Michigan’s gauge of Read more
German inflation hits highest level in more than 70 years
Germany’s annual inflation rate accelerated in October, hitting the highest reading since December 1951, according to final data released by the German statistics office on Friday. The consumer price index Read more
Home-buying sentiment hits all-time low, as mortgage rates surpass 7%, Fannie Mae says
Home shoppers have been so put off by elevated home prices and mortgage rates that buying sentiment has hit an all-time low, Fannie Mae FNMA, +1.03% said. The agency on Read more
Foxconn Cuts Fourth-Quarter Outlook as Covid Hits Ops in Zhengzhou
By Kosaku Narioka Foxconn Technology Group said Monday that it is revising down its outlook for the fourth quarter due to the pandemic affecting some of its operations in Zhengzhou, Read more
Bank of England interest rate hike is biggest in three decades, but dovish commentary hits the pound
The Bank of England made its largest interest-rate increase in three decades in response to inflation that the central bank still expects to accelerate. By a 7-to-2 vote, the U.K. Read more
Two-year Treasury yield hits highest since 2007 as Powell comments reverberate
Bond yields rose on Thursday to new cycle highs as the fallout from the Federal Reserve’s latest rate hike and commentary continued to reverberate across markets. What’s happening The yield Read more