Treasury yields pop higher after economic data underlines resilient U.S. growth

U.S. Treasury yields rose Wednesday in a holiday-truncated week as a round of data highlighted a rebound in investment spending and suggested third-quarter economic growth may not have slowed as much as anticipated. Due to the U.S. Thanksgiving Day holiday on Nov. 28, the Securities Industry and Financial Markets Association recommends for the bond-market to shutter on Thursday, and an […]

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The ‘great rotation’ will arrive in 2020 and bring another strong year for stocks, JP Morgan says

Wall Street looks set to move higher on Monday on renewed optimism of a trade deal between the U.S. and China. New tariffs are due to hit on Dec. 15, but U.S. President Donald Trump said last week that a deal was “potentially very close.” Chinese President Xi Jinping said Beijing was working to avoid a trade war but warned […]

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Asian markets mixed on continued uncertainty over U.S.-China trade talks

Asian shares were mixed Tuesday as investor sentiment remained cautious amid worries about the next development in trade talks between the United States and China. Japan’s benchmark Nikkei 225 NIK, -0.39%  lost 0.2% in morning trading. Australia’s S&P/ASX 200 XJO, +0.70%  edged up 0.3% while South Korea’s Kospi 180721, -0.43%  slipped 0.5%. Hong Kong’s Hang Seng HSI, +1.08%  gained 0.7%, […]

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Asian markets mostly rise as traders cautiously await trade developments

Asian shares were mixed Monday in a cautious mode after Wall Street closed out the week with milestones as the Dow Jones Industrial Average crossed 28,000 for the first time and the S&P 500 and Nasdaq hit record highs. Japan’s benchmark Nikkei 225 NIK, +0.23%  inched up nearly 0.4% in morning trading. Australia’s S&P/ASX 200 XJO, -0.40%  fell 0.6% while […]

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1 in 3 boomers makes this critical retirement mistake — far more than in other generations

The risk is real. Far too many workers are taking unnecessary risks with their retirement savings by putting too much of their money into stocks, according to Fidelity’s Q3 2019 Retirement Analysis, released this week. “Although an increasing number of workers are leveraging target-date funds to keep their asset allocation on track and help manage the risk to their retirement […]

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How a glitch allowed one trader to turn $3,000 into $1.7 million

Reddit’s Wall Street Bets group learned a valuable lesson in responsible investing this week and, after years of encouraging and celebrating extreme risk-taking, the irreverent crew has finally embraced a more conservative approach. Just kidding. YOLO! Yes, a glitch in stock-trading app Robinhood blew up on Wall Street Bets earlier this week, with traders boasting about the unlimited amounts of […]

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Treasury yields fall after reports say U.S.-China trade meeting postponed

U.S. Treasury yields slipped on Tuesday after reports said that a meeting between President Donald Trump and Chinese President Xi Jinping could be delayed until December, suggesting investors may have to wait longer for Washington and Beijing to sign off on a partial trade deal. The 10-year Treasury note yieldTMUBMUSD10Y, -2.05% fell 5.1 basis points to 1.814%, while the 2-year note […]

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Stocks mixed on report of China trade deal delay

U.S. stocks were mixed Wednesday, after seeing record highs in recent days, as markets parsed a report that an interim China-U.S. trade deal could be delayed until December, while also keeping an eye on corporate quarterly results, and a potential merger of heavyweight technology companies. The Dow Jones Industrial Average DJIA, -0.05% gained 7.67 points, or 0.02%, to touch 27,526, while […]

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