Published: June 17, 2021
The reflation trade that has ruled markets for most of 2021 was in retreat Thursday, replaced by a stodgier group of winners that included giant cash-spewing technology companies and longer-dated bonds. The reordering, including a fifth day of losses in commodities, came after Federal Reserve officials signaled theyre preparing to slow stimulus.
Published: June 16, 2021
U.S. stocks dropped from all-time highs as investors mulled the consequences of a drop in retail sales and an uptick in producer prices while the Federal Reserve holds a two-day policy meeting. Crude oil traded at the highest level since 2018.
Published: June 15, 2021
U.S. stocks turned higher in the last hour of trading to close at another record, while the rally in bond markets lost steam as investors prepared for a key Federal Reserve meeting later in the week. Oil touched the highest in more than two years.
Published: June 11, 2021
U.S. equities rallied toward all-time highs and benchmark Treasury yields extended declines to the lowest since March as investors bet that the Federal Reserve will maintain its ultra-accomodative policies even after data showed consumer prices rose more than forecast last month.