U.S. stock futures rose even as short-term Treasury yields hovered near their highest since 2007 after last week’s Fed rate hike, a relatively robust jobs report and ahead of important Read more
Tag: shrug
Traders shrug after Bank of England says it ‘won’t hesitate’ to raise rates to meet inflation target
Investors and traders appeared to shrug Monday after the Bank of England said it was prepared to raise rates as much as necessary to meet its inflation target following a Read more
U.S. stocks open higher as investors shrug off expectations for aggressive Fed rate hike
U.S. stocks opened higher Monday, as investors shrug off market expectations that the Federal Reserve will raise interest rates by 0.75 percentage point in September after Friday’s surprisingly strong labor-market Read more
Dow up 200 points, stocks hit 6-week highs as investors shrug off weak GDP number
U.S. stocks rallied to their highest level in more than six weeks Thursday as investors digest second-quarter GDP data as well as a flurry of corporate earnings reports, and the Read more