S&P 500 gains slow as oil prices and inflation curb rate-cut hopes
Updated
Updated · Bloomberg · May 6
S&P 500 gains slow as oil prices and inflation curb rate-cut hopes
16 articles · Updated · Bloomberg · May 6
On Wall Street, investors are watching upcoming US labour-market and inflation data as Kevin Warsh awaits Senate confirmation to become the next Federal Reserve chair.
The market mood reflects concern that stronger economic signals may keep borrowing costs higher for longer, limiting support for equities from expected Fed easing.
The latest shift revives a familiar pattern in which positive economic news can weigh on stocks when it reduces expectations for lower US interest rates.
If a strong economy now punishes the stock market, is the basic logic of investing fundamentally broken?
With a huge gap between physical and futures oil prices, what event could trigger an explosive market shock?
As AI slows hiring for the young, are we witnessing the start of a generational employment crisis?