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Market news

: Vipshop Holdings upgraded to buy from hold at Benchmark

24/02/2023 18:02 - This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news. ...

: Fed’s Jefferson says high inflation may come down only slowly due to strong labor market

24/02/2023 17:02 - This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news. ...

: U.S. consumer sentiment final February reading is 67 vs. initial 66.4

: New home sales in December revised to 625,000 from 616,000

: New home sales rise to 670,000 annual rate in January vs revised 625,000 in previous month

: Only 17 S&P 500 stocks are rising, led by Booking shares up 2.3%

24/02/2023 16:02 - This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news. ...

U.S. stocks open sharply lower after PCE report showed stronger-than-expected increase in prices in early 2023

Dow Jones Industrial Average drops 365 points, or 1.1%, to 32,779

S&P 500 down 1.3%; Nasdaq Composite slumps 1.6%

2-year Treasury yield jumps to almost 4.8%,as rates rise across board; spread between 2- and 10-year yields inverts to minus 84 basis points