- Investor's Business Daily
Dow Soars On Jobs Surprise, Apple's Earnings And Record Buyback; Warren Buffett's Berkshire Hathaway Next
Stocks soared after April's jobs data was not as strong as expected. Apple rocketed after big buyback plans while Warren Buffett's Berkshire Hathaway heads into earnings.
- Investor's Business Daily
Indexes Reverse Lower Even As Powell Allays Fears Of Two 'Unlikely' Events; SMCI Plunges
Dow Jones faltered in early trades ahead of the Fed meet on Wednesday. Super Micro plunged on earnings as Nvidia fell below a key level.
- Reuters
TREASURIES-Treasury yields steady ahead of FOMC announcement
U.S. Treasury yields dipped on Wednesday, after a report showing the labor market remained tight last month, hours before a Federal Reserve decision on whether the economy is too strong, and inflation too sticky, to pivot to an easier rate policy soon. According to the ADP Employment report, private payrolls increased by 192,000 after rising by an upwardly revised 208,000 in March. But rates were overall hardly moving, nosing off again after the U.S. Treasury Department announced a total refunding of $125 billion for the May to July quarter that would raise new cash of $17.2 billion.
