Treasury yields fall as markets await key jobs report
CNBC· 2025-12-16 08:29
Core Insights - U.S. Treasury yields declined as investors anticipated key economic data releases, including the November nonfarm payrolls report, unemployment figures, and October retail sales [1][2] Economic Indicators - The benchmark 10-year Treasury yield fell to 4.168%, the 2-year Treasury yield decreased to 3.497%, and the 30-year Treasury bond yield slid to 4.846% [1] - November nonfarm payrolls are projected to be 50,000, a significant drop from 119,000 in October [2] - The unemployment rate for November is expected to remain steady at 4.4% [3] - October retail sales are forecasted to increase by 0.1%, down from 0.2% in September [3] - The November Consumer Price Index report is anticipated to show a year-over-year inflation rise to 3.1% [3]
From Pump To Mortgages: Lower Rates, Cheap Oil Deliver Holiday Relief - SPDR S&P 500 (ARCA:SPY)
Benzinga· 2025-12-16 08:29
American consumers are closing out 2025 with a double dose of economic relief as a significant drop in fuel costs converges with the Federal Reserve's third consecutive interest rate cut.A Historic Drop At The PumpWhile the central bank works to engineer a soft landing for the labor market, the energy sector is delivering immediate disinflationary help, offering households significant breathing room just in time for the holidays.The most tangible relief is visible at the gas station. The national average pr ...
Broadcom: Momentum Breaks After Extended Rally
Investing· 2025-12-16 08:28
Market Analysis by covering: Broadcom Inc. Read 's Market Analysis on Investing.com ...
Costco's Momentum Continues. Is It Time to Buy the Stock?
The Motley Fool· 2025-12-16 08:28
Core Insights - Costco Wholesale reported strong fiscal Q1 earnings, with revenue increasing by 8% to $67.31 billion and adjusted EPS rising by 11% to $4.50, surpassing analyst expectations [5] - Despite strong sales momentum, Costco's stock has declined nearly 5% year-to-date and is about 11% lower over the past year [1] Sales Performance - E-commerce sales surged by 20.5%, with traffic increasing by 24% and average order value up by 13% [2] - Same-store sales grew by 6.4% when adjusted for gasoline prices and foreign currency, with U.S. same-store sales rising by 5.9% and Canadian comparable-store sales climbing by 9% [6] - Membership-fee revenue increased by 14% year-over-year to $1.33 billion, supported by a price hike in September 2024 [8] Membership Dynamics - Paid memberships rose by 5.2% to 81.4 million households, with higher-cost executive memberships increasing by 9.1% to 39.7 million [8] - Membership renewal rates were 92.2% in North America and 89.7% worldwide, although younger consumers showed lower renewal rates [9] Expansion and Future Outlook - Costco opened eight new locations in the quarter, bringing the total to 921 stores, but reduced its new store outlook to 28 for the fiscal year due to delays [10] - The stock's forward P/E ratio is currently at 43.5, which is below its earlier valuation this year but still higher than historical averages [12] - The company is expected to remain range-bound in stock performance over the next year as it works to align its valuation with its strong operational performance [14]
U.S. Treasury Yields Fall Ahead of Key Labor Market Data
Barrons· 2025-12-16 08:27
U.S. Treasury yields declined in Asian afternoon trade, with the market anticipating that fresh data will confirm labor market weakness."Given the Federal Reserve's increased focus on the labor market, today's labor market statistics for October and November may well be market moving, should they fall outside consensus estimates," Danske Bank Research's Jens Peter Sorensen said in a note.The two-year Treasury yield fell 1.5 bps to 3.492%, while the 10-year yield also fell 1.5 bps to 4.165%, according to Tra ...
Jim Cramer Says It's 'Time To Sell' This AI Infrastructure Stock Amid Steep Pullback, Despite New Partnerships, Bullish Analyst Ratings - IREN (NASDAQ:IREN)
Benzinga· 2025-12-16 08:25
Renowned TV host Jim Cramer issued a “Sell” rating on a prominent AI infrastructure stock that has been under pressure in recent weeks, despite several bullish catalysts and tailwinds. Cramer Says It’s ‘Time To Sell’The stock in question is Australian Bitcoin (CRYPTO: BTC) miner turned AI infrastructure company, Iren Ltd. (NASDAQ:IREN) , which has witnessed a steep pullback over the past few weeks, following a monumental rally this year. On Monday, in a short and cryptic post on X, the host of CNBC’s “Mad M ...
Bjak Founder Weighs IPO as Malaysia Insurtech Seeks Expansion Into Europe
Insurance Journal· 2025-12-16 08:23
Bjak Sdn, Malaysia’s largest online insurance aggregator, is mulling an initial public offering within the next two years as it seeks to enter Europe.Bjak is eyeing new markets in Spain and Germany in 2026 following its recent expansion in Japan, Taiwan and Thailand, Wei Low, the firm’s founder said in his first-ever media interview. The firm’s gross written premiums increased 20% to 30% this year and are set to grow at a faster pace in the future as Bjak expands into new markets, the 36-year-old told Bloom ...
Ford recalls nearly 32,000 vehicles, NHTSA says
Reuters· 2025-12-16 08:20
Core Points - Ford Motor is recalling 32,160 vehicles in the United States due to a loss of drive power, which increases the risk of a crash [1] Company Summary - The recall affects a total of 32,160 vehicles, highlighting potential safety concerns related to drive power loss [1] - The action is in response to findings from the U.S. National Highway Traffic Safety Administration (NHTSA) [1]
China lowers anti-dumping tariffs on European pork exporters
CNBC· 2025-12-16 08:18
Core Points - China has announced lower duties on pork imports and pig by-products from the EU after concluding a year-long anti-dumping investigation [1][2] - The new tariff rates will range from 4.9% to 19.8% and will be effective for five years, starting from Wednesday [2] - Previously, China had imposed temporary anti-dumping tariffs of up to 62.4% on EU pork imports [2] - The EU is the largest pork exporter globally, with China being its single largest buyer, accounting for approximately 13% of the EU's annual pork production exports [3] Summary by Sections Tariff Changes - China has reduced tariffs on European pork imports, with new rates set between 4.9% and 19.8% [2] - These tariffs will be in effect for a duration of five years [2] Background Context - The reduction follows a year-long anti-dumping investigation into European pork imports [1] - Prior to this, China had implemented temporary tariffs as high as 62.4% on EU pork imports [2] Trade Relations - The trade tensions between China and the EU escalated after the EU imposed tariffs of up to 45% on electric vehicles from China [3] - The EU exports about 13% of its annual pork production, with China being the largest market for these exports [3]
Regency Centers Stock: Is REG Underperforming the Real Estate Sector?
Yahoo Finance· 2025-12-16 08:16
Jacksonville, Florida-based Regency Centers Corporation (REG) is a prominent REIT. It owns, manages, and develops grocery-anchored shopping centers in affluent suburban areas across the U.S. With a market cap of $12.4 billion, Regency’s portfolio includes over 480 properties and community-focused spaces offering shopping, dining, and entertainment options. Companies worth $10 billion or more are generally described as "large-cap stocks." Regency fits right into that category, with its market cap exceedin ...