U.S. stocks skid with inflation data and earnings ahead
U.S. stocks traded mostly lower Tuesday afternoon as investors rethink the chances of a near-term interest rate cut by the Federal Reserve while waiting for inflation data and earnings results later in the week.
Fed will let emergency loan program expire, top official says
The Federal Reserve has no plans to extend an emergency loan program it launched last year to bolster the capacity of the banking system in the wake of the collapse of Silicon Valley Bank.
These traders bet on surprise blip higher in key December inflation reading
Inflation traders are positioning for a slightly bigger-than-expected blip higher in the annual headline rate of Thursday's consumer price report for December.
SEC's Decision on Spot Bitcoin ETFs Could Go a Few Different Ways
The agency is widely expected to OK the first funds to hold the token, but there are no guarantees.
U.S. trade deficit narrows 2% to $63.2 billion. GDP may get a lift.
The U.S. trade deficit narrowed 2% to $63.2 billion in November after a decline in imports, in a potential lift to gross domestic product in the fourth quarter.
Uranium Rally Still Has Fuel
The price of the nuclear fuel has hit its highest level since 2007. The market is only getting tighter.
Swiss National Bank Rules Out Payouts After Losing $3.5 Billion Last Year China Becomes the World's Biggest Auto Exporter-With Help From Russia
China's overseas auto sales surged to a record last year, on track to surpass Japan as the world's biggest exporter and marking a tectonic shift for the global auto industry.
The Insurance Market Is Healing
Higher prices and lower interest rates are drawing more capital into reinsurance, which can ultimately benefit home and auto policies.
Record U.S. oil production sparks battle for market share with Saudi Arabia and OPEC+
U.S. oil production is back at record levels, sparking a battle for market share with Saudi Arabia as OPEC+ tries to keep global crude supplies in check.
(END) Dow Jones Newswires
01-09-24 1515ET