Bond market is sending a recession warning, says Gundlach. Friday’s jobs report could hold the next clue.
- Stock market likely to correct if 10-year Treasury yield reaches 5%, RBC says
- One of the biggest problems plaguing the U.S. stock market is getting worse as selloff continues
- Award-winning technical strategist Tom DeMark says S&P 500 will see countertrend rally
- Charting one of the biggest factors behind rising yields this week
- Surging Treasury yields can lead to market fracture. Just ask the U.K.
- ‘Bond king’ Bill Gross says investors should shun both stocks and bonds
Private sector of U.S. economy generated just 89,000 new jobs in September, reports ADP
- ‘Job seekers are nervous’: The ‘Great Resignation’ is over — and tech workers are staying at their jobs
- Economic calendar: Nonfarm-payrolls report and unemployment-claims update remain on week’s data docket
- Market Snapshot: Dow wavers, Nasdaq rises after ADP data shows fewer-than-expected jobs created in September
Kevin McCarthy ousted as House speaker: Here’s who could replace him
- ‘The shot heard round the world’: North Carolina Rep. Patrick McHenry’s gavel slam after Kevin McCarthy’s removal goes viral
- Speaker pro tem McHenry takes swift action to evict Pelosi from honorary ‘hideaway’ office at Capitol
- What McCarthy ouster means for markets as investors fret over congressional ‘dysfunction’
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