Your 401(k) Is Falling Behind. Here’s What You Should Do.

Listen to article (1 minute) The investing strategy millions of Americans rely on to secure a good life in retirement hasn’t worked lately. They should probably stick with it anyway. Most people keep their 401(k) on autopilot by investing in a diversified portfolio of stocks and bonds. Faith in this approach has been shaken by … Read more

Stocks Snap Winning Streak After Powell Warns Inflation Victory Not Assured

The S&P 500’s shot at its longest winning streak since 2004 appeared within grasp for much of Thursday’s trading session. Then Federal Reserve Chair Jerome Powell and the Treasury market crashed the party. Major indexes fluttered between small gains and losses in quiet trading through the early afternoon. They turned firmly into the red after … Read more

Sam Bankman-Fried Verdict Reflects Crypto’s Broken Dreams

Sam Bankman-Fried is gone. And crypto is back to its favorite activity: a wild speculative rally. The FTX founder’s trial featured a parade of witnesses detailing a multibillion-dollar fraud at the heart of the crypto market. None of it dented the enthusiasm of crypto investors. During the trial, crypto prices surged on optimism that U.S. … Read more

Sharp U.S. Hiring Slowdown Signals Cooling Economy Ahead

Updated Nov. 3, 2023 10:16 am ET Hiring slowed sharply in October, a sign the economy is cooling this fall following a hot stretch over the summer. U.S. employers added 150,000 jobs in October, down from the previous month’s revised gain of 297,000, the Labor Department said Friday. That was the smallest gain since June, … Read more

Energy & Utilities Roundup: Market Talk

The latest Market Talks covering Energy and Utilities. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET. 0048 GMT – Oil prices edge higher in early Asian trade amid a broad pick up in risk appetite across markets, ANZ analysts say in an email. The risk on tone is aided … Read more

Talking Markets: Battered Swedish Krona’s Fortunes Could Start to Improve in 2024

The Swedish krona has taken a beating this year, diving to a record low against the euro, but analysts say the currency could start to recover next year. Although Sweden’s economy has weakened, analysts say economic fundamentals don’t justify such a weak currency. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

‘Buy the Dip’ Investing Mantra Lives On—in the Bond Market at Least

Updated Oct. 29, 2023 12:01 am ET Listen to article (2 minutes) One of the hottest investments on Wall Street is something of a surprise—it’s a battered long-dated Treasury bond fund. Shares of the iShares 20+ Year Treasury Bond ETF are near a 16-year low and have lost more than half their value from their … Read more

Jury Convicts Hedge-Fund Manager Accused of Rigging Foreign-Exchange Market

Updated Oct. 25, 2023 6:04 pm ET A London hedge-fund manager accused of manipulating the foreign-exchange market was convicted Wednesday of fraud in a trial that opened a window into a complex corner of the global currency-trading business. A federal jury in Manhattan deliberated for less than a day before finding Neil Phillips guilty of … Read more

Bond Rout Drives 10-Year Treasury Yield to 5%

Listen to article (2 minutes) A deepening selloff in the U.S. bond market drove the yield on the 10-year U.S. Treasury note to 5% for the first time in 16 years, marking a milestone that has rattled stocks, lifted mortgage rates and fueled persistent fears of an economic slowdown.  A critical driver of U.S. borrowing … Read more

U.S. Oil Inventories Rise as Domestic Production Hits Record High

U.S. oil inventories jumped by 10.2 million barrels last week, much more than expected, as domestic production hit a record high. Source link