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The Latest Breaking News from University of Michigan

Stocks Retreat on Higher Bond Yields and Tariff Angst

The S&P 500 Index ($SPX ) (SPY ) Friday closed down -0.95%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.99%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -1.30%. March E-mini S&P futures (ESH25 ) fell by -0.90%, and March E-mini Nasdaq futures...

Barchart

Stocks Turn Lower as Bond Yield Climb on Inflation Jitters

The S&P 500 Index ($SPX ) (SPY ) today is down -0.53%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.48%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.75%. March E-mini S&P futures (ESH25 ) are down by -0.57%, and March E-mini Nasdaq...

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Dollar Gains on Reduced Fed Rate Cut Expectations

The dollar index (DXY00 ) today is up by +0.05%. The dollar is climbing with T-note yields today after the hawkish US Jan payroll report reduced the chances to 8% from 16% for a Fed rate cut at next month’s FOMC meeting. Despite Jan nonfarm payrolls climbing less than expected,...

Barchart

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The University of Michigan has suspended a pro-Palestinian group for 2 years

A pro-Palestinian group at the University of Michigan has been suspended for two years and will lose its funding in connection with protesters’ demands for divestiture from companies doing business with Israel

The Independent UK

Stock Market Today: Stocks Slip as Inflation Worries Rise

Concerns over price pressures are growing ahead of next week's Fed meeting.

Kiplinger

University of Michigan basketball fans return to high school lot to find vehicles broken into

More than two dozen vehicles in a high school parking lot had their windows smashed and were broken into during a men’s college basketball game at nearby University of Michigan

The Independent UK

Stocks Sink as US Jobs Strength Reduces Fed Easing Chances

The S&P 500 Index ($SPX ) (SPY ) Friday closed down -1.54%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -1.63%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -1.57%. March E-mini S&P futures (ESH25 ) are down -1.57%, and March E-mini Nasdaq futures...

Barchart

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Dollar Rallies to a 2-Year High on Reduced Fed Rate Cut Expectations

The dollar index (DXY00 ) Friday rose by +0.44% and posted a 2-year high. Friday’s stronger-than-expected US Dec payroll report pushed bond yields higher and boosted the dollar as unexpected signs of strength in the labor market reduced the chances of Fed rate cuts. The dollar added to its gains...

Barchart

Stocks Sharply Lower as a Strong US Jobs Report Signals Fed Pause

The S&P 500 Index ($SPX ) (SPY ) today is down -1.58%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -1.52%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.82%. March E-mini S&P futures (ESH25 ) are down -1.64%, and March E-mini Nasdaq futures...

Barchart

Dollar Rallies as Bond Yields Spike on US Labor Market Strength

The dollar index (DXY00 ) today is up by +0.41% and posted a 2-year high. Today’s stronger-than-expected US Dec payroll report pushed bond yields higher and boosted the dollar as unexpected signs of strength in the labor market reduced the chances of Fed rate cuts. The dollar added to its...

Barchart

Detroit’s reparations task force now has until 2025 to make its report, but going slow with this challenging work may not be a bad thing

The work of crafting reparations at the municipal level is fierce.

The Conversation

No flood gauges, no warning: 99% of US streams are off the radar amid rising flash flood risks – we saw the harm in 2024

Flooding is one of the deadliest and costliest natural disasters in the U.S., causing billions of dollars in damage each year. In 2024 alone, floods destroyed homes in over a dozen states and claimed more than 165 lives.

The Conversation

University Of Michigan DEI Director Fired Over Antisemitic Remarks

University of Michigan administrator terminated for alleged antisemitic comments, sparking controversy and tensions on campus.

Top News

DEI Still Has An Anti-Semitism Problem

University of Michigan DEI Official alleged to have said "wealthy and privileged” Jewish students do not need DEI services.

Reason

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AI supercharged the sciences in 2024, revealing a major breakthrough in Alzheimer's diagnosis

A surge of AI-powered breakthroughs reminds us of the good that artificial intelligence can do, when placed in the right hands.

Barchart

Stocks Finish Mostly Higher on Positive US Economic News

The S&P 500 Index ($SPX ) (SPY ) Friday closed up +0.25%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.28%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.92%. Stocks on Friday settled mixed, with the S&P 500 and Nasdaq 100 posting new...

Barchart

Dollar Climbs on Positive US Economic News and Hawkish Fed Comments

The dollar index (DXY00 ) Friday rose by +0.30%. The dollar recovered from a 3-1/2 week low Friday and moved moderately higher. Short covering emerged in the dollar Friday after the University of Michigan US Dec consumer sentiment index rose more than expected to an 8-month high. Also, hawkish Fed...

Benzinga

Crude Oil Falls Over 1%; US Consumer Sentiment Surges In December

U.S. stocks traded mixed midway through trading, with the Dow Jones index falling around 0.2% on Friday.

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S&P 500 and Nasdaq 100 Post New Record Highs on Fed Rate Cut Expectations

The S&P 500 Index ($SPX ) (SPY ) today is up +0.34%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.13%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.67%. Stocks are climbing today, with the S&P 500 and Nasdaq 100 posting new record...

Barchart

Dollar Recovers on Signs of US Economic Strength

The dollar index (DXY00 ) today is up by +0.27%. The dollar recovered today from a 3-1/2 week low and is moderately higher. Short covering emerged in the dollar today after the University of Michigan US Dec consumer sentiment index rose more than expected to an 8-month high. The dollar...

The Guardian - US

University of Michigan ends diversity statements in hiring amid DEI cuts

Move comes as board of regents is expected to weigh other rollbacks to the university’s DEI initiatives

Latin Times

Nearly Half of Latin American Migrants Report Suffering Gun Violence Before Reaching the U.S.

University of Michigan survey links firearm threats to post-traumatic stress disorder among migrants.

Benzinga

Billionaire Larry Ellison's Role In Landing Top Recruit Bryce Underwood At Michigan

Billionaire Larry Ellison is linked to helping fund the NIL deal that led to Bryce Underwood flipping his recruitment from LSU to the University of Michigan.

Barchart

Stocks Rally on the Prospects of Trump’s Business-Friendly Policies

The S&P 500 Index ($SPX ) (SPY ) Friday closed up +0.35%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.97%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.17%. Stocks on Friday settled moderately higher, with the S&P 500 posting a 1-week high...

Barchart

Euro Weakness Boosts the Dollar to a 2-Year High

The dollar index (DXY00 ) Friday rose by +0.55% and posted a 2-year high. Friday’s weaker-than-expected Eurozone economic news signals a struggling European economy that is weighing on the euro to the dollar’s benefit. The dollar extended its gains Friday after the US Nov S&P manufacturing and service PMIs increased....

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