ETFs that buy bank stocks slump more than S&P 500
Shares of exchange-traded funds that invest in bank stocks were under pressure Friday, as Treasury yields broadly climbed. The SPDR S&P Bank ETF, which tracks an equal-weighted index of banking stocks ...
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Equities Fall, Yields Soar Intraday After Jobs Data
US benchmark equity indexes were lower intraday, while Treasury yields surged as markets assessed official data showing that the economy added more jobs than expected in December. The Dow Jones ...
China Downplays Deflation Troubles. Bond Vigilantes Aren’t Buying It.
Aging populations, as Japan taught us, are inherently deflationary. Folks in their 70s don’t spend the way 20-somethings do.
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Stock Market Today: Dow Jones Tumbles 500 Points, Bond Yields Spike After Hot Jobs Report (Live Coverage)
A wave of selling hit the stock market today after job growth in December came in much stronger than expected.