S&P 500 Slips After Streak of Records

The benchmark stock index edged down 0.1% ahead of key inflation data and a spate of earnings this week. The Dow Jones Industrial Average rose 0.3% to a record. 


 
U.S. budget deficit narrowed to $22 billion in January

The U.S. federal budget deficit narrowed to $22 billion in January, down from $39 billion in the same month last year, the Treasury Department said Monday. 


 
RBA's Kohler Sees Substantial Uncertainty Around Inflation Forecasts

Inflation in Australia is in retreat, but it will take some time before it returns to the desired target range, the Reserve Bank of Australia's Marion Kohler said. 


 
Australian Consumer Confidence Down as RBA Continues to Ponder Hikes

Australian consumer confidence fell last week as consumers were more downbeat on the question of buying a major household item. 


 
Recession in 2024? A quarter of economists think it will happen.

High interest rates and an external "shock" are among their worries, NABE finds. 


 
Lower-Rated U.S. Investment-Grade Bonds Could Yield Stellar Returns

Lower-quality U.S. investment-grade corporate bonds promise impressive returns in 2024, while popular higher-quality bonds have limited prospects, Payden & Rygel said. 


 
Israel Proposes Rafah Evacuation Despite U.S. Concerns

The Biden administration has warned Israel against going into Rafah without a plan to protect civilians. 


 
What Mortgage Bonds Say About the Office Meltdown

Commercial mortgage-backed securities make a troubling proxy for the loans on banks' balance sheets. 


 
Stocks have been moving a lot more than usual after earnings. Here's why, and what it could mean.

If it seems to you that there have been some overly volatile stock moves after earnings reports, the data shows that you are absolutely correct. The question is, why not? 


 
German bond yields slip as ECB official says rate reversal is 'fast approaching'

The yield on the 2-year German bund fell Monday as a European Central Bank official raised the prospect of a fairly imminent rate cut.


(END) Dow Jones Newswires

02-12-24 2115ET