Stocks and bonds have gone their separate ways but could they be getting back together?

Over the years, the bond market has shown itself to be a fickle suitor, pursuing relationships with an array of assets and asset classes. Some of those relationships have proven to be meaningful and long-lasting (with the U.S. dollar and industrial commodities, for example), while others have been short-lived (soybeans) and frivolous (freight-car loadings). But none has proven to be […]

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Shares of airport retailer Hudson slide 7% premarket after sales guidance falls short

Airport retailer Hudson Ltd.’s shares HUD, +4.81% slid 7.2% in premarket trade Monday, after the company offered guidance for the fourth quarter and full year that lagged consensus estimates. Hudson said it expects fourth-quarter sales to rise 4.5% to $459.8 million, below the FactSet consensus of $473 million. For the full year, it expects sales rose 6.9% to $1.882 billion, […]

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Watch Fed Chairman Powell discuss the economy

Watch Federal Reserve Chairman Jerome Powell be interviewed at the Economic Club of Washington, D.C. on Thursday. Powell’s comments come as a flurry of central bank officials have said the Fed can be patient in assessing economic data before making further interest-rate hikes. Key tickers: Dow Jones Industrial AverageDJIA, +0.14% | S&P 500 SPX, +0.05% | U.S. DXY, +0.36%  Source: Read Full […]

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The government shutdown is not hurting the economy much, but it still comes with a cost

The U.S. economy has largely escaped unscathed from a partial government shutdown that’s putting a squeeze on 800,000 federal workers and their families, but it doesn’t mean the political paralysis in Washington comes without a cost. Leading economists at America’s biggest banks say the shutdown has shown hardly any rippling effects. Federal workers who’ve been furloughed are just missing their […]

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Micron’s stock boosts chip rally after upgrade, analysts’ comments at CES

Chip-maker stocks finished higher Wednesday after one analyst upgraded Micron Technology Inc. and other analysts gave their roundups on other companies at the annual CES tech confab in Las Vegas. The PHLX Semiconductor Index SOX, +2.52% rallied 2.5% Wednesday, outpacing broader index gains as the Dow Jones Industrial Average DJIA, +0.39% and the S&P 500 SPX, +0.41% both advanced 0.4%, and the tech-heavy […]

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