S&P 500 futures steady after index tops 5,000 for the first time

U.S. stock futures on Monday held their ground after the S&P 500 finally claimed the 5,000 mark in the 10th record finish for 2024. 


 
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. 


 
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. 


 
What Mortgage Bonds Say About the Office Meltdown

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


 
Cash-Flush Buyers Dip Into Distressed Commercial Real Estate

With many owners unable to extend their loans, investors are starting to pounce on these properties. 


 
AI Is Starting to Threaten White-Collar Jobs. Few Industries Are Immune.

Jobs up and down the corporate food chain have been cut in the most recent cascade of layoffs. Leaders say the fast-evolving technology means many may never return. 


 
Stalled IPO Market Leaves Startup Employees, Individuals Eager to Unload Shares

Many are looking to cash out of illiquid shares on secondary markets. 


 
Videogame Industry Banks on Distant Coming Attractions

New Switch console and 'Grand Theft Auto VI' are on the horizon, but big game publishers Electronic Arts and Take-Two are expected to see only modest growth this year. 


 
The Fed Is Right to Be Patient on Rate Cuts

A robust jobs market and sticky services inflation argue for continued caution. 


 
Israel Rescues Two Hostages Held by Hamas in Gaza

The raid and airstrikes, which health authorities in Gaza said killed dozens, came as the Israeli military prepares for a larger operation to enter Rafah.


(END) Dow Jones Newswires

02-12-24 0915ET