Wall Street struggles for direction after in-line monthly producer prices
Wall Street's main indexes edged lower in choppy trading on Thursday after monthly producer prices rose as expected.
2-year Treasury yield jumps after the close, with Powell patient about rate cuts
The policy-sensitive 2-year Treasury yield edged higher after 3 p.m. Eastern time on Thursday, following fresh comments from Federal Reserve Chair Jerome Powell that indicated the central bank isn’t ...
Dollar sits atop one-year peak as Powell sends yields up, shares hesitant
In the currency markets, the dollar towered against its major peers at a one-year top. It gained for five days on the yen, up another 0.2% to 156.56, the highest since July.