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The 10-year Treasury yield temporarily crossed above 5% on Thursday following Fed Chair Jerome Powell’s comments on inflation and higher for longer interest rates, putting a squeeze on traditional equity markets. Lisa Erickson, U.S. Bank Senior Vice President and Public Markets Group Head, emphasizes a neutral stance on equity investments as markets make sense of consumer resiliency and higher interest rate pressures. “You’ve got this balance of puts and takes right now, and so we really feel for clients to be neutral to whatever is typically their long-term allocation to equities makes sense,” she tells Yahoo Finance For more expert insight and the latest market action, click here to watch […]

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 […]

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 […]

Stocks see a drop Thursday afternoon after a speech from Federal Reserve Chair Jerome Powell. “Inflation is still too high, and a few months of good data are only the beginning of what it will take to build confidence that inflation is moving down sustainably toward our goal,” Powell said during his speech, causing investors to abandon the idea of a rate hike in November. Yahoo Finance reporter Jared Blikre breaks down the reaction the market had to the speech as well as providing context to the movement in the treasury bond market. For more expert insight and the latest market action, click here to watch this full episode of […]

In a speech Thursday, Federal Reserve Chairman Jerome Powell reiterated his commitment to getting inflation down to the central bank’s 2% target. Powell cautioned, however, that if economic data continues to be strong, it could warrant further rate hikes. RiverFront Global Fixed Income CIO Kevin Nicholson tells Yahoo Finance Live anchors Julie Hyman and Josh Lipton that Powell “hedged his bets at every turn” in the speech, adding that he expected the Fed to raise rates one more time this year. When it comes to the Fed cutting rates, Nicholson says that the strength of recent data “leads me to believe that the Fed is not going to cut rates […]

Yahoo Finance markets reporter Jared Blikre breaks down the latest news on Chinese investors selling the most U.S. securities in four years in August. #China #youtube #stockmarket 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 help you manage your financial life. Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new opportunities with expert research and investment ideas backed by technical and fundamental analysis. Optimize your trades with advanced portfolio insights, fundamental analysis, enhanced charting, and more. […]