Stock markets climb worldwide after oil prices and bond yields give back some of last week’s jumps
By STAN CHOE, AP Business Writer
NEW YORK (AP) — U.S. stocks are climbing with markets worldwide on Monday after oil prices and yields in the bond market gave back some of their jumps from last week.
The S&P 500 rose 0.6% and pulled back within 1.3% of its all-time high set last month.
Read MorePositive inflows into gold ETFs continue for 9th week in a row
Investments in physically-based gold exchange-traded funds (ETFs) continued to be positive for the ninth week in a row, with inflows from the US accounting for more than 50 per cent, data from the World Gold Council (WGC) showed.
With US investors chipping in with $2.21 billion, inflows in the week ending September 18 were $4.24 billion,
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Read More4 Bond ETFs to Gain from Fed Rate Hike
The Federal Reserve increased its benchmark interest rate by 25 basis points last week, marking its first rate hike in three years. The unanimous decision lifted the target range to 3.75-4% from 3.5-3.75%, as policymakers sought to contain persistent inflation amid rising oil prices and renewed tensions in the Middle East.
Inflation Outlook Deteriorates
Policymakers raised their inflation forecasts,
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Read MoreDow Jones futures gain as oil eases and Wall Street focuses on Trump-Xi summit for trade, AI cues
US stock futures moved higher on Monday, September 21, supported by a pullback in oil prices and growing investor focus on an upcoming meeting between US President Donald Trump and Chinese President Xi Jinping later this week.
Futures linked to the Dow Jones Industrial Average (DJIA) rose about 0.7%, while S&P 500 and Nasdaq-100 futures also advanced,
Read MoreClaiming Social Security at 70 Instead of 67 Adds 24% to Every Check for Life
Your Social Security filing age locks in your monthly benefit forever, so getting it wrong costs you for the rest of your life. Before you pick a date, make sure you understand what it actually takes to pull off a…
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Read MoreThe Burst
Why Bill Ackman Bet $2.3 Billion That the Market Is Dead Wrong
In early 2025, billionaire investor Bill Ackman, CEO of Pershing Square Capital Management, revealed a substantial new position in Uber Technologies. By January, Pershing Square had accumulated 30.3 million Uber shares, a ~1.4% stake worth about $2.3 billion.
Ackman described Uber as “one of the best-managed and highest-quality businesses in the world,” yet still “available at a massive discount to its intrinsic value.”
So is he right about Uber or will the bet flop?
» Read more about: Why Bill Ackman Bet $2.3 Billion That the Market Is Dead Wrong »
Read MoreThe Ivy
Could This Quantum Stock Make You a Millionaire?
If you’ve been looking for life-changing returns in the stock market, D-Wave Quantum (NYSE: QBTS) might have already caught your eye. After all, the stock is up an eye-watering 103% so far this year. But while those gains might set off a rush of FOMO, there’s a catch because this stock moves fast, and not always in the direction you’d hope.
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Read MoreThe Spotlight
Why Does This Stock Predictably Go Up In April?
Over the past few days we’ve covered stocks that have strong histories of rising at this time of year, and apparently our readers really want to hear more about similar ideas, so here’s another nugget for you.
This time we turn our attention to the healthcare space where a well-known company, Quest Diagnostics,
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