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Search resuls for: "Sinéad Carew Carolyn Cohn"


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☆ Stocks end 2022 with a thud; Treasury yields, oil prices rise
  + stars: | 2022-12-30 | by ( Sinéad Carew Carolyn Cohn | Sinéad Carew | Carolyn Cohn | ) www.reuters.com   time to read: +4 min
[1/2] Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., December 7, 2022. In currencies, the dollar, a beneficiary of rising U.S. interest rates, fell on the day but was on track for a 2022 gain of roughly 8%, its biggest annual increase since 2015. The U.S. U.S. 10-year Treasury yield rose on Friday and closed out the trading year with its biggest annual increase in decades, pushed higher by aggressive Fed rate hikes. U.S. crude oil futures registered a second straight annual gain after a wildly volatile year marked by tight supplies due to the Ukraine war and then sliding demand from China, the world's top crude importer. Gold was showing its biggest quarterly gain since June 2020, while the Fed's fast-paced tightening cycle had tempered bullion's progress for the full year.
☆ Stocks fall, Treasury yields rise upon final 2022 trading day
  + stars: | 2022-12-30 | by ( Sinéad Carew Carolyn Cohn | Sinéad Carew | Carolyn Cohn | ) www.reuters.com   time to read: +4 min
[1/2] Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., December 7, 2022. The dollar, a beneficiary of rising U.S. interest rates, was down slightly on Friday but on track for a 2022 gain of 8%, its biggest annual percentage increase since 2015. The U.S. 10-year Treasury yield rose on the day and was poised to close out the trading year with its biggest annual increase in decades, pushed higher by aggressive Fed rate hikes. In stocks, battered growth stocks and Nasdaq leading declines dragged Wall Street's main indexes lower. The dollar index fell 0.173%, with the euro up 0.12% to $1.0674.
☆ Wall Street slides, dollar gains on sterling and yen
  + stars: | 2022-10-14 | by ( Sinéad Carew Carolyn Cohn | Sinéad Carew | Carolyn Cohn | ) www.reuters.com   time to read: +5 min
The dollar also kept rising against Japan's beleaguered yen, hitting a fresh 32-year peak of 148.86. But as the session wore on, equity declines deepened with oil prices pushing energy stocks (.SPNY) down sharply and consumer stocks (.SPLRCD) falling sharply. "We're back to looking at inflation data very carefully. Even though Wall Street had rallied on Thursday despite soaring inflation data, investors appeared to return their focus to the data on Friday, according to Anthony Saglimbene, chief market strategist at Ameriprise Financial. The euro was down 0.55% at $0.9719 while the Japanese yen weakened 0.99% at 148.68 per dollar.
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