Stephen Culp
- Indexed articles, last 90 days
- 8
- Latest publication
- Oct 1, 2026
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- Aug 31, 2026
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Trading Day: Stocks find footing as Treasury yields ease - AOL (opens the original)
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NEW YORK, Oct 1 (Reuters) - Wall Street embarked on a new quarter with a nominally higher close on Thursday as the benchmark US Treasury yield eased back from multi-year highs after seven straight days of gains. After a raft of generally upbeat economic data, focus turns to Friday's employment report, which is expected to show the US economy added 90,000 jobs in September, with the jobless rate holding firm at 4.1%. I will go into more detail on today's market moves below. If you have more time
Trading Day: Shrugging off a volatile September, markets shuffle into Q4 - AOL (opens the original)
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NEW YORK, Sept 30 (Reuters) - US stocks gyrated on Wednesday, caught in the tug-of-war of mixed signals. Cooler-than-expected inflation data tempered rate hike expectations from the Federal Reserve, while upbeat GDP, consumer spending and private payrolls data underscored US economic resilience. Even so, rising crude prices kept inflation jitters alive, while long-dated US Treasury yields moved higher for the seventh straight day. The S&P 500 and the Dow lost ground on the week, while the Nasdaq
Wall St ends lower after Fed hikes interest rates, sees more tightening ahead - AOL (opens the original)
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NEW YORK, Sept 16 (Reuters) - US stocks whipsawed lower on Wednesday after the Federal Reserve raised its key interest rate for the first time in over three years to fight stubbornly high inflation stemming from soaring crude oil prices during the US-Israeli war on Iran. In its accompanying statement, the Fed said its decision was unanimous and more tightening is likely in the near future to effect a timelier drop in inflation. "As widely expected, the Fed hiked interest rates for the first time
Wall Street ends lower as solid jobs data fuels hawkish Fed bets - AOL (opens the original)
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NEW YORK, Sept 4 (Reuters) - Wall Street dipped on Friday as a robust jobs report raised the probability that the U.S. Federal Reserve will increase its key interest rate at this month's monetary policy meeting. All three major U.S. indexes closed lower amid a broad selloff ahead of the three-day holiday weekend. For the week, the indexes were essentially unchanged. The Labor Department's August employment report showed the U.S. economy added 162,000 jobs last month, nearly three times the 56,00
Wall Street ends sharply higher as Waller remarks ease rate hike fears - AOL (opens the original)
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NEW YORK, Sept 3 (Reuters) - Wall Street rallied on Thursday as investors curbed their rate hike bets after U.S. Federal Reserve Governor Christopher Waller said he would support holding the Fed funds target rate steady if data shows inflationary pressures are abating. All three major U.S. stock indexes closed at least 1% higher, with the Nasdaq enjoying a boost from the "Magnificent Seven" group of AI-related megacap stocks. All three indexes were on track for weekly gains. Fed Governor Christo
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