U.S. stocks jump, send Nasdaq higher for the year

Investors are getting a reprieve, but will it last?AP Photo/Richard Drew U.S. stocks surged, with financial markets showing signs of recovery after the worst week in two years for American equities.  The 10-year yield fell back from the four-year high hit earlier Monday as the dollar slipped. The Nasdaq Composite Index turned positive for 2018, with …

Stocks may drag down the economy, not the other way around

The wild sell-off was essentially an unwinding of "short volatility"Noriko Hayashi/Bloomberg The key lines of defence have held on Wall Street. The S&P 500 index of equities bounced off its 200-day moving average at the end of last week’s brutal sell-off, triggering a surge of buying by well-armed funds waiting for the technical signal. Relief …

Stocks’ bumpy ride continues as bond jitters linger

Market volatility continued.Spencer Platt U.S. stocks remained on unsteady footing as the bout of volatility that’s gripped global financial markets persisted amid signs that the run-up in Treasury yields has yet to take its course. Pressure Wednesday came from a weak 10-year note auction, sending the rate toward a four-year high that days ago sparked …

U.S. stocks finish tumultuous week on a high note

The convulsions in U.S. equity markets showed signs of abating in early trading.Spencer Platt U.S. equities ended their worst week in two years on a positive note, but the rate-hike fears that rocked markets in recent days may return when inflation figures come out Feb. 14. The S&P 500 Index erased a loss of 1.9 percent …