U.S. equities finished higher, with better-than-expected reads on personal income and spending, as well as consumer sentiment, adding additional touches to a picture of economic recovery. The data came as the markets continued to adjust to yesterday's shift in policy by the Fed that suggested it will tolerate higher inflation to ensure the employment picture brightens. Treasuries ended little changed after a noticeable steepening of the curve yesterday and the U.S. dollar fel

U.S. stocks finished higher following positive news on the domestic economic front, but the gains were muted in the wake of the continued U.S. political and geopolitical uncertainty, and mixed August business activity reports overseas. Existing home sales notched a second-straight record jump and U.S. August manufacturing and services sector activity reports came in stronger than expected. Treasury yields were mixed and the U.S. dollar rebounded from a recent tumble, while go

U.S. equities finished mixed, but very near the unchanged mark, in a bumpy session that saw moves above and below the flatline. Another dose of positive economic data was unable to overcome the palpable uneasiness surrounding the persistent uncertainty regarding the timing, size and scope of a highly-anticipated new round of U.S. fiscal relief with the stalemate on Capitol Hill continuing. Retail sales, ex-autos, came in stronger than expected, industrial production continued

U.S. equities finished mixed, but the major indexes were able to post gains for the week, as a stronger-than-expected July non-farm payroll report came up against the negative sentiment surrounding stalled talks in Congress on a fiscal deal, as well as the heightened tensions between the U.S and China. President Donald Trump signed executive orders banning Americans from doing business with TikTok and WeChat, and it has been reported that the U.S. is set to impose sanctions o

U.S. stocks saw a late-day push to finish higher to close out the final session of a robust and volatile week. The Nasdaq rallied on favorable earnings results from market heavyweights Dow member Apple, Amazon and Facebook. However, Google parent Alphabet's profit report faced heavy scrutiny, along with results from Dow members Exxon Mobil and Chevron. Uncertainty regarding the size, scope and timing of an expected next wave of fiscal relief measures likely stymied some convi