Markets and Economy
Read our latest market commentary on of-the-moment trends so you can make informed investment decisions
Today's Options Market Update
Stocks are hovering around the flatline after Tuesday's rise with rising Treasury yields hamstringing conviction.
After Merry Pre-Holiday Rally, Fresh Job Data Due
Jobless claims are today's data highlight after stocks rallied broadly Tuesday despite climbing Treasury yields. Tech led, and data and earnings are sparse before the weekend.
Schwab Market Update
The 10-year yield rose again, reaching seven-month highs and hurting stocks after their Christmas Eve rally. Mega caps fell, and investors scrutinized weekly jobless claims.
Looking to the Futures
Equity markets bounced back to close near their pre-FOMC levels on Christmas Eve.
Short Session Follows Two-Day Recovery Effort
Stocks close at 1 p.m. ET today and bonds close an hour later, likely meaning a light volume ahead of tomorrow's holiday. Tech led yesterday's gains, but small caps got hurt by rising yields.
Weekly Trader's Outlook
Stocks experienced a midweek correction following a hawkish FOMC meeting, but are recovering lost ground today following a cool PCE report.
PCE Price Data Ahead After Fed's Cautious Outlook
Today features PCE prices, the inflation report most closely watched by the Fed, as well as a look at consumer sentiment. Washington is also in focus amid a shutdown showdown.
2025 Market Outlook: Fixed Income
As we approach 2025, what can investors expect from muni bonds, investment-grade corporate bonds, and the fixed income markets in the new year?
Fed Expected to Announce Another Rate Cut
Federal Reserve policymakers will complete their last meeting of 2024 today, and investors are forecasting a reduction of 25 basis points in the target fed funds rate.
Stocks Plunge After Fed Outlook Disappoints
U.S. stocks retreated as the Fed indicated it likely would lower rates only twice in 2025. The Dow dropped more than 1,000 points, and the S&P slid almost 3%. The Nasdaq lost 3.6%.