by admin | Mar 27, 2018 | News
The tech-heavy Nasdaq slid 211.74 points … The decline in bond yields helped pull banks and other financial stocks lower. When bond yields decline it can bring down interest rates on mortgages and other loans, making them less profitable for banks.Powered by...
by admin | Mar 27, 2018 | News
NEW YORK — The latest on developments in financial markets (all times local): 4 p.m. A late-afternoon drop in technology stocks pulled indexes sharply lower on Wall Street, erasing much of a powerful rally from the day before. It was solid red in the …Powered by...
by admin | Mar 26, 2018 | News
Editor’s note: This commentary is by Howard Fairman, of Putney, a native Vermonter who likes to note what was unnoted, ask what was unasked, say what was unsaid, then share food for thought with fellow grassroots Vermonters. Fellow Vermonters, and …Powered by...
by admin | Mar 26, 2018 | News
Technology companies recouped some of the sector’s big losses last week. Microsoft rose $6.60, or 7.6 percent, to $93.78. Financial stocks surged as bond yields rose. Higher yields are good for banks, because they drive up interest rates on mortgages and...
by admin | Mar 26, 2018 | News
In a note prefacing a recent study of whether people trust financial institutions, CFA Institute President and CEO Paul Smith said the organization sees “encouraging trends.” But it wasn’t all good news. The 3,127 investors that participated in the …Powered by...
