Global Markets Ride Higher After Major Central Banks Hold Rates Steady

Global market indexes were on the upswing after the Federal Reserve signaled rate cuts and held its key lending rate range. The European Central Bank trimmed its growth outlook, and the Bank of England stressed that rates are likely to stay higher for a longer period of time.

U.S. Stocks Extend Gains After Treasury Yields Eased and Retail Sales Advanced

Benchmark indexes advanced for the second day after the Federal Reserve signaled rate cuts and retail sales rose in November. The yield on 10-year Treasury notes dropped to a four-month low of 4%.

U.S. Stocks Soared After Fed Holds Rates Steady and Signals Multiple Rates Cuts In 2024

Stocks rebounded and Treasury yields turned lower after the Federal Reserve left its key lending rate range unrevised and signaled several rate cuts next year.

U.S. Stocks Edge Higher Ahead of Fed's Rate Decision and Commentary

Stock market indexes edged higher, and investors awaited the Fed's rate decision later in the day. Investors are looking forward to gaining deeper insights into how policymakers think about future rate paths, the inner workings of the economy, and labor market conditions.

Modest Gains In European Stock Markets, Eurozone Industrial Output Dropped

European markets edged slightly higher ahead of the rate decisions from the European Central Bank, the Federal Reserve, and the Bank of England. UK GDP unexpectedly contracted in October amid declines in manufacturing, construction, and services.

S&P 500 and Nasdaq Hit New 52-week Intraday Highs, Crude Oil Plunged 4%

Stocks advanced and crude oil prices dropped after the latest inflation report showed a cooling trend in November. Rising crude oil supplies in the global markets from the U.S., Canada, Brazil, and Guyana also weighed on market sentiment.

U.S. Stocks Pull Ahead, Core Inflation Held Steady at 4%

Stocks advanced after the release of the consumer price inflation report. Overall inflation eased in November, but core inflation held steady at a rate significantly higher than the target rate set by the central bank.

U.S. Major Averages Advance Ahead of Inflation Reports and Fed Decision, Deflation Worries Grip China Stocks

Market indexes rested ahead of the release of inflation reports and the Federal Reserve's rate decision and economic and inflation forecast. European markets traded near recent highs, and market indexes in China struggled after the worries of deflation gripped market sentiment.

U.S. Stocks Rest Awaiting Fed's Interest Rate Decision

Stocks lacked direction, and 10-year Treasury yields were in focus ahead of the Federal Reserve's rate decision on Wednesday.

U.S. Stocks Struggled, Treasury Yields Declined after Nonfarm Payrolls Accelerated

The U.S. economy added jobs at a faster pace in November, and wage gains were in line with expectations. 10-year Treasury yield jumped on the worries that the labor markets are tighter than previously estimated.

Lululemon Athletica Quarterly Sales Rise 19%, Expands Stock Repurchase Plan

The specialty apparel retailer said international sales soared but net income declined. The company board approved an additional stock repurchase plan of $1 billion.

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Dollar General Estimated Sales Growth Weakness to Persist

The deep discount retailer struggled to control its inventories as customers stayed limited to basic product categories and searched for bargains.

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Chewy Swung to Quarterly Loss, Gross Margin Expands to Record High

The online pet food and pet products retailer swung to a quarterly loss after non-cash employee expenses rose.

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Nasdaq and S&P 500 Halt 3-day Losing Streak, Continuing Jobless Claims Sank

Benchmark indexes halted a three-day losing streak, and chip makers and big tech stocks led the gainers. Treasury yields retained a downward bias ahead of the release of nonfarm payrolls report on Friday.

U.S. Market Indexes and Treasury Yields Retain Downward Bias

Market indexes lacked direction in early trading, and investors appeared exhausted after stocks rallied for five weeks in a row. Investors remained focused on the labor market, and expectations ran high that the nonfarm employment report would confirm the cooling trend.