After turmoil in China set a negative tone, a Fed governor suggested the market was underestimating the chance that the central bank would have to keep raising rates.
Tag: Standard & Poor’s 500-Stock Index
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Stocks Jump on Hopes of Lower Inflation
Lower-than-expected data on wholesale prices and resilient earnings from retailers were cheered by investors.
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Markets Soar on Signs of Slower Inflation
Stocks rallied and bond yields tumbled as investors reset their expectations for the pace of interest rate increases by the Federal Reserve.
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C.E.O.s Are Talking More About Recession
The possibility of an economic slowdown has been a hot topic during the latest batch of quarterly earnings conference calls.