For investors wondering what the yield curve inversion means for the market, it is not necessarily a death knell for stocks.
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Now that the key yield curve has inverted, here’s what typically happens to stocks next
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Stocks making the biggest moves midday: Ford Motor, Alphabet, Alaska Air, Coinbase, Boston Beer and more
Check out the companies making headlines in midday trading. Ford Motor — The Detroit automaker surged 10.7% following its third-quarter earnings beat . Ford’s adjusted earnings of 45 cents per share topped the 36 cents expected from analysts polled by LSEG. Revenue came in at $47.19 billion, versus the $43.08 billion consensus estimate. Alphabet — […]
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Inflation rate hit 3.0% in September, lower than expected, long-awaited CPI report shows
Prices that people pay for a variety of goods and services rose less than expected in September, according to a Bureau of Labor Statistics report Friday that is the only official economic data allowed to be released during the government shutdown. The consumer price index showed a 0.3% increase on the month, putting the annual […]
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What a cut in Reliance’s Russian crude purchases would mean for India
The Reliance Industries Ltd. oil refinery in Jamnagar, Gujarat, India, on Saturday, July 31, 2021. Bloomberg | Bloomberg | Getty Images India’s largest private oil refiner Reliance Industries is reportedly halting purchases of Russian crude, following the U.S.’ decision to sanction Russia’s two largest oil companies, Rosneft and Lukoil. Reliance has become a major buyer […]
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