Traders signal offers in the Ten-Year Treasury Note Options pit at the Chicago Board of Trade. Scott Olson | Getty Images Bond yields are heading south, and there appears to be no stopping them for now. The benchmark 10-year Treasury note yield, which influences everything from business loans to home mortgages, has been hugging three-year
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Nutanix IPO celebration at the Nasdaq market site in New York, September 30, 2016. Source: Nasdaq Check out the companies making headlines after the bell: Shares of Nutanix soared 18% in extended trading after the company announced a lower-than-expected loss for the fourth quarter. The cloud platform company reported a fourth-quarter adjusted loss per share of
The “Fast Money ” traders shared their first moves for the market open. Pete Najarian was a buyer of Kinder Morgan. Tim Seymour was a buyer of Altria. Dan Nathan was a seller of the Financials ETF. Guy Adami was a buyer of Blackstone. Disclosure Trader disclosure: Pete is long calls ALLY, BBBY, CNHI, CTL, DISCA,
Paul J. Richards | AFP | Getty Images Check out the companies making headlines after the bell: Shares of Autodesk nosedived 10% in extended trading after announcing the trade war could hurt its financials. The software company’s third-quarter adjusted earnings per share guidance of 70 to 74 cents fell below the estimated earnings per share
Trader on the floor of the New York Stock Exchange. Lucas Jackson | Reuters For the first time since the financial crisis, stocks are earning more for investors than key long-term Treasury bond. The U.S. 30-year yield dropped below the S&P 500‘s dividend yield on Tuesday. It’s the first time since March of 2009 —
Former New York Fed President Bill Dudley is calling on the central bank not to help President Donald Trump fight his trade war with China. In a sharply worded commentary to his one-time colleagues, Dudley urged Fed officials not to lower interest rates simply as a backstop while the president continues his tit-for-tat tariff battle
Employees close a valve of a pipe at a PetroChina refinery in Lanzhou, Gansu province. Stringer | Reuters China’s plan to put tariffs on U.S. crude oil shows it is willing to take more economic pain in the trade war than some in the markets have expected, according to a Bank of America Merrill Lynch’s
Traders work after the closing bell at the New York Stock Exchange (NYSE) on August 12, 2019 at Wall Street in New York City. Johannes Eisele | AFP | Getty Images Remember the brutal sell-off last year when stocks suffered their worst December since the Great Depression? Something worse than that could happen in days,
Chinese President Xi Jinping and U.S. President Donald Trump chat at a G-20 event a day before their highly anticipated bilateral meeting. Bernd von Jutrczenka | picture alliance | Getty Images President Donald Trump said China is ready to come back to the negotiating table, but one Chinese insider is calling Trump’s bluff, saying, “China
Tensions stemming from the U.S.-China trade war escalated sharply over the last few days, with much happening as Asian markets were shut down for the weekend. Here’s what happened: Friday evening, Aug. 23, Beijing time Before U.S. stock markets open, China’s Ministry of Finance announces on its website that it will apply new tariffs of