General
U.S. stocks could fall 10% as ‘pain trade’ takes hold
The year ahead is promising not to be an easy one for investors as a recession threat looms, but Bank of America offers advice on when things might get easier Source
Dow, S&P 500 end higher Friday, book best week of
U.S. stocks booked modest gains Friday, while advancing for a second week in a row to kick off 2023. The Dow Jones Industrial Average undefined gained about… Source
Inflation slows again and clears path for slower Fed rate
The cost of living fell 0.1% in December and posted the first decline since the onset of the pandemic in 2020, pointing to a further slowdown inflation a. Source
Jobless claims show no spike in layoffs
Initial jobless claims fell by 1,000 to 205,000 in the week ended Jan. 7, the Labor Department said Thursday. Source
2-year Treasury yield drops to 3-month low as U
Treasury yields fall Thursday, after an eagerly awaited U.S. December consumer-price index reading shows inflation continues to slow. Source