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The two-year Treasury yield, which moves more on expectations for Fed action, fell to 3.94% from 4.03%.

It helps set rates for mortgages and other important loans. The yield on the 10-year Treasury fell to 3.44% from 3.52%. Increased hopes for a coming pause from the Fed on rates pushed yields lower in the bond market.

In the meantime, inflation still remains way above the Fed's 2% target and continues to squeeze households across the economy, particularly those with the lowest incomes. One category of gifts that are perfect for Wall. They make great gifts for dad, perfect for Fathers Day, and they are also ideal for corporate gifts and employee recognition awards. One will hit Thursday, showing how inflation fared at the wholesale level. At Executive Gift Shoppe, we carry a wide array of personalized Wall Street theme gifts, perfect for traders, stock brokers and other financial professionals. Of course, other economic reports will arrive before the Fed’s next meeting, which runs from June 13 to June 14, that will sway its decision. Some under the most scrutiny rose Wednesday, including a 2.9% rally for PacWest Bancorp and a 1.7% climb for Western Alliance Bancorp.

#Wall street desktop covers download

bank failures since March have had Wall Street on the hunt for the next weak link, causing stocks of several smaller and mid-sized banks to tumble. Download and use 100,000+ Summer Wallpaper stock photos for free. They’ve already sent stock prices tumbling, caused turmoil in the banking system and dragged on the economy enough that many investors expect a recession to hit this year. But high rates do that by slowing the entire economy and hitting investment prices broadly. The Fed has jacked up rates at a furious pace in hopes of driving down inflation. That would be the first time it hasn’t raised rates at a meeting in more than a year, and a pause would offer some breathing room for the economy and financial markets.

That was slightly better than economists expected, and other underlying measures of inflation also came in very close to forecasts.īecause the inflation data came in roughly as expected, Wall Street sees the door remaining open for the Federal Reserve to leave interest rates alone at its next meeting in June. Eastern time, while the Nasdaq composite was 0.8% higher.īond prices also climbed after the highly anticipated report said inflation at the consumer level was 4.9% last month, down from 5% in March and the lowest level in two years.

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The Dow Jones Industrial Average was edging down 20 points, or 0.1%, at 33,541, as of 9:45 a.m. Wall Street UltraHD Background Wallpaper for Wide 16:10 5:3 Widescreen WUXGA WXGA WGA 4K UHD TV 16:9 4K & 8K Ultra HD 2160p 1440p 1080p 900p 720p Standard. The S&P 500 was 0.3% higher in early trading. NEW YORK - Wall Street is mostly rising Wednesday after a report showed inflation is making strides toward easing, even if it remains too high. Wall Street We present you our collection of desktop wallpaper theme: Wall Street.