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Biden’s plan to cancel student debt can apply to billions of dollars in investor-owned loans, but there is a hitch

There's an indirect way that investors in student loan bonds can benefit from Biden's plan to cancel up to $20,000 per eligible borrower.

Surging U.S. Treasury yields send ripples through stock market, other assets

Data released Friday showed the U.S. jobs market in strong shape and thus the Federal Reserve will have little compunction in continuing its rate hiking cycle.

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Stocks close lower, Dow swings 400 points as Nasdaq sees longest losing streak in 6 years

Stocks closed lower on Tuesday as the Dow swung 400 points from peak to trough, while the Nasdaq clinched its longest losing streak in six years.

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Gold prices end lower, while silver extends its recent gain

Prices of gold and silver trade in opposite directions Tuesday, with gold ending lower but silver posting a second straight session gain.

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Is the U.S. stock market closed on Labor Day?

The U.S. stock market is closed on Monday, Sept. 5 for Labor Day. So is the bond market, the post office and banks.

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‘Bad’ central-bank policies and high inflation collide to create first bear market for global bonds in a generation

Persistently high inflation worldwide, unleashed by the COVID-19 pandemic, is the biggest reason why the ordinarily safe sector of fixed income has fallen into such a rut.

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U.S. stocks close sharply lower, suffer 3rd straight weekly loss after giving up gains seen on ‘Goldilocks’ jobs report

U.S. stocks gave up early gains to end sharply lower Friday, with all three major benchmarks booking a third straight losing week, after "Goldilocks" August jobs data did little to alter the view that the Federal Reserve w...

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How investors are reading an August jobs report as U.S. stocks close at lowest level since July

U.S. stocks recorded a loss for the third week in a row on Friday as Wall Street assessed the August jobs report for more clues on the magnitude of the Fed's next rate hike. Here's what investors and analysts have to say.

2-year Treasury yield sees biggest one-day drop since July after U.S. jobs report

U.S. Treasury yields move lower Friday, while Treasury curve turns less negative after the release of nonfarm payrolls data.

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Bonds enter first bear market in at least 30 years

The bond market has entered its first bear market in more than 30 years.

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Dow, S&P 500 finish higher to snap 4-day losing streak ahead of August jobs report

Stocks recovered from the earlier decline in the first day of September --- historically the weakest month for equity returns --- with the Dow and the S&P 500 snapping a four-day losing streak, following news of another C...

2-year Treasury yield hits another 15-year high as traders prepare for U.S. jobs report

Treasury yields soar as traders wait for Friday's U.S. nonfarm payrolls data for August.

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What does Friday’s jobs report mean for the market? ‘Too hot’ and stocks could tumble, says market pro.

With Federal Reserve Chair Powell last week reaffirming plans to keep raising interest rates to bring down inflation despite the risk of recession, Friday's monthly U.S. jobs report may once again carry risks for the stock...

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Stocks are pulling back, but UBS sees costs of sitting on the sidelines

The S&P 500 could post 7%-10% annualized returns in the next decade, despite a wall of uncertainty and the latest pullback, according to UBS Global Wealth.

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Gold ends at 6-week low, as silver drops to lowest since 2020

Gold tumbles to its lowest settlement in about 6 weeks on Thursday, and silver ends at its lowest since 2020, as investors bet that interest rates will remain higher for longer.

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U.S. stocks end lower for 4th straight day, with major indexes finishing August down 4%

U.S. stocks extended a losing streak to four sessions on Wednesday as three major benchmarks recorded around 4% of losses for the month of August.

Two-year Treasury yield sees biggest monthly rise since March with more Fed rate hikes ahead

Most U.S. bond yields advance on Wednesday as traders bet on continued rate hikes by the Federal Reserve to battle inflation.

2-year Treasury yield hits almost 15-year high as choppy conditions in rates markets fade

U.S. bond yields move up on Tuesday after data points to rising consumer confidence and job openings.

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2022 has been the worst year for markets (so far) in at least 50 years

A team of analysts at Bespoke Investment Group crunches the numbers and finds that 2022 has so far been the worst year for markets in at least five decades based on an analysis of stock and bond-market returns heading into...

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Gold, silver prices down a third straight session, settle at lowest in more than a month

Gold and silver prices marked a third straight decline on Tuesday, with both precious metals settling at their lowest in more than a month.