Stocks and bond yields are under pressure as a speech from Federal Reserve Chair Jerome Powell on Thursday, October 19, momentarily sent the 10-year Treasury yield over five percent for the first time in 16 years. Invesco Chief Global Market Strategist Kristina Hooper discusses her six key themes impacting markets today as market uncertainty drags on. “One of the biggest market movers of course is the 10-year U.S. Treasury yield,” Hooper says, “but we have to recognize that what we’re seeing happening right now is likely a very short-term phenomenon.” Hooper affirms the spikes in the 10-year Treasury yield to be temporary, refocusing that the Fed remains a “real problem” […]
American Express’s (AXP) third quarter earnings beat analyst estimates. Compared to the last year, revenue increased 13 percent and earnings per share rose 34 percent. Yahoo Finance’s Seana Smith and Brad Smith discuss the company’s results and consumer resiliency. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb #youtube #stockmarket #yahoofinance About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the […]
In a speech to the Economic Club of New York, Federal Reserve Chair Jerome Powell firmly stated “inflation is still too high” and that regulators are “proceeding carefully.” Yahoo Finance Fed Reporter Jennifer Schonberger examines Powell’s tone regarding the possibility of a November interest rate hike and how the Fed is considering the run-up in Treasury yields. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. #yahoofinance #youtube #interestrates Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that […]
A Greek Orthodox church in the Gaza Strip that was sheltering hundreds of displaced Palestinians was hit by a deadly explosion on Thursday night. » Subscribe to NBC News: http://nbcnews.to/SubscribeToNBC » Watch more NBC video: http://bit.ly/MoreNBCNews NBC News Digital is a collection of innovative and powerful news brands that deliver compelling, diverse and engaging news stories. NBC News Digital features NBCNews.com, MSNBC.com, TODAY.com, Nightly News, Meet the Press, Dateline, and the existing apps and digital extensions of these respective properties. We deliver the best in breaking news, live video coverage, original journalism and segments from your favorite NBC News Shows. Connect with NBC News Online! NBC News App: https://smart.link/5d0cd9df61b80 Breaking […]
At universities across the nation, the Israel-Hamas war is creating intense backlash for some students as they speak out. NBC News’ Jacob Ward is at UC Berkeley where a professor wrote an op-ed saying law firms shouldn’t hire students who promoted certain ideas about the conflict. » Subscribe to NBC News: http://nbcnews.to/SubscribeToNBC » Watch more NBC video: http://bit.ly/MoreNBCNews NBC News Digital is a collection of innovative and powerful news brands that deliver compelling, diverse and engaging news stories. NBC News Digital features NBCNews.com, MSNBC.com, TODAY.com, Nightly News, Meet the Press, Dateline, and the existing apps and digital extensions of these respective properties. We deliver the best in breaking news, live […]
As the Israel-Hamas war rages on, Lester Holt spoke to Americans living in Gaza and Israel for their personal stories about the brutal toll of war. » Subscribe to NBC News: http://nbcnews.to/SubscribeToNBC » Watch more NBC video: http://bit.ly/MoreNBCNews NBC News Digital is a collection of innovative and powerful news brands that deliver compelling, diverse and engaging news stories. NBC News Digital features NBCNews.com, MSNBC.com, TODAY.com, Nightly News, Meet the Press, Dateline, and the existing apps and digital extensions of these respective properties. We deliver the best in breaking news, live video coverage, original journalism and segments from your favorite NBC News Shows. Connect with NBC News Online! NBC News App: […]
Israel’s Defense Minister told troops they would soon see Gaza “from the inside,” signaling a potential Israeli ground operation could come soon. NBC News’ Richard Engel reports from Israel on fears of a widening war in the Middle East and the growing humanitarian crisis in Gaza. » Subscribe to NBC News: http://nbcnews.to/SubscribeToNBC » Watch more NBC video: http://bit.ly/MoreNBCNews NBC News Digital is a collection of innovative and powerful news brands that deliver compelling, diverse and engaging news stories. NBC News Digital features NBCNews.com, MSNBC.com, TODAY.com, Nightly News, Meet the Press, Dateline, and the existing apps and digital extensions of these respective properties. We deliver the best in breaking news, live […]
As Treasury yields head towards five percent, LPL Financial Chief Technical Strategist Adam Turnquist joins Yahoo Finance Live to discuss investment strategies amid market volatility. Investors “should consider locking in some of these interest rates… I think it’s an attractive time to lock in some of these yields,” Turnquist says, “[as] you don’t have to take a lot of duration risk… you also don’t have to go into the high yield space.” Turnquist adds that “big picture… I think for the S&P 500, as long as the 10-year continues to trend higher, I think it’s going to be a struggle for upside momentum to continue for stocks.” For more expert […]
Tesla (TSLA) reported third quarter earnings that fell short of analyst estimates. Thought things like margins and the Cybertruck may be taking the headlines, there is one other element investors should be paying attention to: its performance in China. Watch the video above to hear Yahoo Finance Tech Reporter Allie Garfinkle explain why China could be a problem for the EV maker. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage […]
The average 30-year fixed mortgage rate increased to 7.63% from 7.57% the previous week. With rates that high, buyers may be starting to back out of the market as evidenced by the National Association of Realtors’ report that existing home sales fell by 2% in September. First American Chief Economist Mark Fleming joins Yahoo Finance to discuss what this means for the housing market and how this affects other sectors. Fleming discusses the status of multifamily units and rentals, saying “household formation has slowed down and there’s less demand for rental relative to the heights of a year or two ago and vacancies are rising. The multifamily market is softening […]
