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Stocks Rebound Friday but Remain Down for the Week Amid Rising Yields and Hawkish Fed

  • U.S. stocks traded higher on Friday but remain on track for a third straight weekly decline amid rising yields and a stronger dollar.

  • The S&P 500 gained 0.5% while the Nasdaq rose 0.8% on Friday, but both indexes are down for the week after the Fed signaled higher rates.

  • Rapidly rising Treasury yields have pressured stocks, with the 10-year yield near 4.5%, its highest since 2007.

  • All three major U.S. indexes are set to finish the week lower, with the Nasdaq down the most, over 3%.

  • Senior Fed officials voiced support on Friday for the more aggressive rate hike path signaled by Jerome Powell on Wednesday.

marketwatch.com
Relevant topic timeline:
U.S. stock futures rise as Wall Street attempts to build momentum following positive sessions for Nasdaq Composite and S&P 500.
US stock futures are higher as Treasury yields back up slightly after reaching a 16-year high, with the Dow and S&P 500 both up and Nasdaq futures leading with over 0.7% as investors await results from Nvidia and a speech from Fed Chair Jay Powell.
U.S. stocks surged on Wednesday, with the Nasdaq leading the way, fueled by optimism over Nvidia Corp.'s earnings and the S&P 500 ending its 36-day streak without a 1% gain.
U.S. stocks opened higher following the Dow Jones Industrial Average's recovery from its worst day in five months as investors awaited Federal Reserve Chairman Jerome Powell's speech at Jackson Hole.
Stocks rise as markets shift focus from the Federal Reserve to corporate and economic reports, with the S&P 500 and Dow Jones Industrial Average both experiencing gains, while investors await upcoming economic data and inflation updates.
Stocks remained higher across the board as investors analyzed the impact of Fed Chair Jay Powell's speech and prepared for upcoming inflation and jobs data, with the Dow Jones, Nasdaq Composite, and S&P 500 all experiencing gains.
Stocks were mostly higher on Wednesday as economic data showed signs of a slowing economy, with the Dow Jones Industrial Average reversing gains due to declines in certain stocks and the S&P 500 experiencing a small decline in September despite its overall positive performance for the year. Additionally, the U.S. Department of Health and Human Services has recommended reclassifying marijuana to loosen restrictions, potentially impacting the cannabis industry.
U.S. stocks rose after August jobs data showed a slowdown in the pace of job gains, calming investor concerns about the Federal Reserve raising interest rates, with the Dow Jones Industrial Average rising 0.5%, the S&P 500 up 0.4%, and the Nasdaq Composite gaining 0.3%.
Stocks were lower on Tuesday as September began, with oil prices reaching new highs and Treasury yields rising, putting pressure on the market, while traders awaited more economic data to determine the likelihood of another rate hike from the Federal Reserve.
US stocks are experiencing their worst performance in September since 1928, but there are signs that the market could avoid a steep downturn this year, with indicators suggesting more stability and positive gains for the rest of the year, according to Mark Hackett, chief of research at US investment firm Nationwide. However, challenges such as elevated oil prices and inflation could put strain on the stock market and the US economy.
US stocks traded mixed on Thursday as fresh data indicated a tight labor market, with weekly jobless claims unexpectedly falling and second-quarter unit labor costs being revised up, potentially increasing pressure on the Federal Reserve to keep rates higher for longer.
Stocks rose on Friday as the Nasdaq rebounded from Apple's recent slide, fueled by speculation that the Federal Reserve may not raise interest rates in September, while concerns about rising energy prices and Apple's market value decline continue to linger.
Stocks inched slightly upward Friday, with the Nasdaq rebounding from an Apple-induced slide, as the Federal Reserve hinted at a possible delay in interest rate hikes, while concerns about rising energy prices and Chinese curbs on the use of the iPhone impacted markets.
U.S. stocks rebounded as the week closed, with tech-heavy Nasdaq Composite and benchmark S&P 500 both up 0.1%, as concerns about higher interest rates were balanced by elevated oil prices and mixed economic data.
US stocks rose as the dollar fell, with technology stocks leading the way, and Treasury Secretary Janet Yellen expressing optimism about a potential soft landing in the economy.
U.S. stocks closed higher on Monday, fueled by a rebound in Tesla shares and gains in the consumer discretionary sector, as investors looked ahead to key economic data on inflation later in the week.
Stocks climb as investors digest positive retail sales and producer prices data, with the Dow Jones Industrial Average up 0.7% and the S&P 500 and Nasdaq Composite both up 0.7% and 0.8% respectively.
Stocks mostly lower as investors await Federal Reserve's interest rate decision and assess new economic data showing easing core inflation and a cooling labor market, with expectations high for the Fed to hold rates steady.
U.S. stocks were lower on Tuesday as oil prices and bond yields rose ahead of the Federal Reserve's interest rate decision, with investors watching for guidance on future rate hikes and inflation threats.
U.S. stocks edge lower as investors await the Federal Reserve's decision on interest rates, with uncertainty surrounding the potential for future rate hikes causing volatility in the market.
US stocks are slightly higher on Friday but are on track for a losing week due to a spike in bond yields and surging oil prices.
Stocks took a hit last week, with the S&P 500 and Nasdaq decreasing, while the dollar shows potential for a major breakout and rising interest rates pose more trouble for stocks.
Stocks edge higher amid concerns over rising bond yields and the Federal Reserve's plans to maintain high interest rates, while the S&P 500 records its biggest weekly decline since March and the Dow Jones Industrial Average and Nasdaq reach their lowest levels in months.
The surge in the U.S. dollar may pose a challenge for U.S. stocks as they struggle through a losing September, creating headwinds for U.S. multinationals and tightening financial conditions.
US stocks are expected to open higher as Wall Street reacts to the latest inflation data and attempts to recover from a challenging September.
Stocks ended the day higher as the surge in oil, the dollar, and Treasury yields slowed down, with the Nasdaq rising 0.8%, the S&P 500 gaining 0.6%, and the Dow Jones Industrial Average rising 0.4%.
Stocks rose on Friday as investors analyzed the latest inflation data, with the tech-heavy Nasdaq leading the gains, while bonds saw some relief from rate jitters; however, concerns over a US government shutdown and the impact of rising bond yields remain.
U.S. stocks showed mixed performance as Treasury yields rose and a government shutdown was averted, with the Dow Jones Industrial Average down 0.6%, the S&P 500 down 0.3%, and the Nasdaq Composite up 0.4%.
U.S. stock markets closed higher on Friday due to strong job creation, leading to discussions about a potential Federal Reserve interest rate hike; Asian markets, including Japan, Australia, and China experienced mixed results; European markets were mostly positive; commodities such as crude oil and gold saw an increase in prices; and U.S. futures and forex showed a decline and mixed results respectively.
Despite a 4% spike in oil prices caused by the Israel-Hamas war, U.S. stocks rose on Monday, signaling investor confidence.
U.S. stocks opened higher on Tuesday as Treasury yields decreased and the Federal Reserve indicated they may not raise interest rates further, with the S&P 500 rising 0.2%, the Dow Jones Industrial Average adding 0.2%, and the Nasdaq Composite climbing 0.2%.
Stocks on Wall Street rose on Tuesday as investors were hopeful that the Federal Reserve is done with interest rate hikes, although caution remained due to the escalating Middle East conflict.
U.S. stocks rise as Treasury yields fall and Federal Reserve officials provide favorable commentary, with the Nasdaq Composite leading gains.
US stocks are expected to open higher as investors await inflation data and Federal Reserve minutes to gain insight into interest rate thinking, with Dow Jones Industrial Average futures up 0.2% and S&P 500 futures rising 0.2%.
US stocks gained at the open as investors analyzed wholesale inflation data and anticipated the Federal Reserve's minutes to gain insight into interest rate policies, with the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite all showing gains.
The stock is trading higher after a positive meeting with analysts, despite lack of specific updates on the company's financial outlook.
Stocks climbed higher on Friday as big US banks reported upbeat profits, but the developing conflict in the Middle East kept investors cautious.
Stocks are trading higher as Wall Street gears up for a week of earnings reports, including Tesla and Netflix, while keeping an eye on the Israel-Hamas war.
U.S. stocks are set to end higher as investors shift their focus to the upcoming third quarter earnings season, while bond prices decline; cryptocurrencies gain attention with bitcoin rising, and major companies like Goldman Sachs, Johnson & Johnson, Netflix, and Tesla prepare to release their quarterly results.