Markets are anticipating a near-zero chance that the policy-setting arm of the central bank will announce any change to interest rates.

Goldman said that when the 10-year Treasury yield hits 5%, the correlation between bond yields and stocks turns negative.

Higher prices have weighed on customers in an array of industries that interact with consumers.

The bottom line: market timing is always a tricky affair. Most of the time, it’s not worth trying to do it. 

The employment cost index, which measures worker salaries and benefits, gained 1.2% in the first quarter.

These are some of the stocks posting the largest moves in premarket trading.

Price rises in the 20-nation euro area held steady at 2.4% in April, while the economy returned to growth in the first quarter.

The benchmark rates of most advanced economies soared in recent years, as central banks aimed to tame inflation following the Covid-19 pandemic.

HSBC has approved a first interim dividend of 10 cents per share, as well as a special dividend of 21 cents per share.

These are the stocks posting the largest moves in extended trading.