2-year Treasury yield pops above 5% after data on rising labor costs

By Vivien Lou ChenTreasury yields jumped Tuesday morning after U.S. data showed labor costs rose at the fastest pace in more than a year during the first quarter, throwing doubt on expectations for 20

moomoo NewsApr 30 11:29 ET

Market Opens Lower, Only Some Earnings Stand Out | Market Story

Indexes were lower in the hour after open, despite some gainers on this morning's earnings reports.

moomoo NewsApr 30 10:20 ET

The haze of inflation looms over! Labor costs in the US accelerated in the first quarter, the biggest increase in a year

The labor cost index favored by the Federal Reserve has heated up more than expected, indicating that the popularity of the US job market is unabated, and expectations of interest rate cuts will further subside.

wallstreetcnApr 30 09:53 ET

Fed to Signal It Has Stomach to Keep Rates High for Longer

An ancient Chinese proverb that counsels "do nothing, and everything will be done" could sum up the Federal Reserve's latest approach to interest-rate policy.

WSJApr 30 05:52 ET

May FOMC Preview: Sticky Inflation Likely Forces Fed to Turn More Hawkish

Recent data have not bolstered confidence in the process of disinflation. A more hawkish stance may be reflected in the statement and Powell's post-meeting remarks.

Moomoo News GlobalApr 30 02:23 ET · Macro

US stocks closed | Tech stocks supported US stocks higher, Tesla surged more than 15%

The three major US stock indexes rose twice in a row. After the Ministry of Finance announced loan forecasts for the second quarter, the S&P index fell; the China Securities Index rose six times in a row, NEV stocks rose sharply, Ideal Auto closed up more than 7%, and Baidu rose more than 5%.

wallstreetcnApr 29 18:59 ET