Category: General

Continuing to recover from last Friday's sell-off, treasuries saw modest strength during trading on Tuesday but ended the session well off their best levels of the day.

After moving to the upside in early trading, bond prices gave back some ground over the course of the afternoon but managed to end the day modestly higher. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, edged down by 1.2 basis points to 1.492 percent. Continue reading "Treasuries Close Modestly Higher But Well Off Best Levels" →

(RTTNews) - With traders looking ahead to monetary policy decisions from both sides of the Atlantic, stocks may show a lack of direction in early trading on Tuesday. The major index futures are currently pointing to a modestly higher open for the markets, with the Dow futures up by 24 points.

Extending the trend seen in the previous session, many traders are likely to stay on the sidelines as the Federal Reserve begins a two-day monetary policy meeting. Continue reading "Stocks May Show A Lack Of Direction As Fed Meeting Begins" →

A two-day rally that sent stocks soaring last week fizzled out Monday.

European leaders vowed Thursday and Friday to keep the continent's monetary union intact, and investors sent stock markets shooting higher. But stocks were little changed Monday as investors waited to see if they would back up their words with action. Continue reading "Stock indexes drift lower, ending a two-day rally" →