The Latest Breaking News from Cleveland Fed

The dollar index (DXY00 ) on Thursday recovered from an early 5-week low and finished up +0.12%. The dollar found support Thursday from higher T-note yields. Also, comments from Cleveland Fed President Mester and Richmond Fed President Barkin, who said interest rates should stay higher for longer, were bullish for...

A senior Federal Reserve official confirmed Tuesday that she recently raised her prediction for interest rates over the longer term due to the enduring strength of the US economy.

The S&P 500 Index ($SPX ) (SPY ) Thursday closed up +1.03%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.34%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.56%. Stock indexes on Thursday posted moderate gains with the S&P 500 and Nasdaq 100...

What you need to know… The S&P 500 Index ($SPX ) (SPY ) on Thursday closed down -0.07%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.04%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.17%. Stocks on Thursday settled mixed, with the Dow...

The dollar index (DXY00 ) on Thursday fell slightly by -0.03%. The dollar Thursday gave up an early advance and posted modest losses after T-note yields gave up early gains and turned lower on dovish comments from Richmond Fed President Barkin. The dollar initially moved higher after U.S. Dec CPI...

The dollar index (DXY00 ) on Monday rose by +0.04% and posted modest gains. The as-expected increase in the U.S. Dec NAHB housing market index report Monday and higher T-note yields were supportive factors for the dollar. Gains in the dollar on Monday were muted as stocks rallied, which curbed...

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.34%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.04%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.30%. Stocks this morning are mildly higher, with the S&P...

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Wednesday closed down -0.09%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.04%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.14%. Stocks on Wednesday relinquished early gains and settled mixed,...

The dollar index (DXY00 ) on Wednesday rose by +0.04%. The dollar on Wednesday recovered from a 3-1/2 month low and posted modest gains. The dollar rebounded after Wednesday’s economic news showed Q3 GDP was revised higher than expected. Also, an easing of consumer price pressures in Germany and Spain...

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Thursday closed up +0.12%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.13%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.10%. Stocks on Thursday settled mixed. The broader market was...

The dollar index (DXY00 ) on Thursday fell slightly by -0.05% after weak U.S. economic news knocked bond yields lower and weakened the dollar’s interest rate differentials. The dollar was also undercut by dovish comments Thursday from Fed Governor Cook and Cleveland Fed President Mester, who signaled they favor the...