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This 'Trump trade' could wreck U.S. housing finance, warns Pimco
Of the popular "Trump trades" this year, one hinging on privatization of housing giants Freddie Mac and Fannie Mae could be particularly problematic for U.S. housing finance.
The WSJ Dollar Index Falls 0.24% to 96.83 — Data Talk
The WSJ Dollar Index is down 0.23 point or 0.24% today to 96.83 --Off 7.90% from its record close of 105.14 hit Tuesday, Sept. 27, 2022 --Off 6.54% from its 52-week high of 103.61 hit Friday, Jan. 10, ...
Dollar Loses 0.19% to 1.3960 Canadian Dollars — Data Talk
Dollar/Canadian dollar: 1.3960 Canadian dollars per dollar (0.7164 dollar per Canadian dollar) --Off 3.96% from its 52-week high of 1.4535 hit Friday, Jan. 31, 2025 --Up 3.93% from its 52-week low of ...
Dollar Gains 0.56% to 19.4920 Mexican Pesos — Data Talk
Dollar/Mexican peso: 19.4920 Mexican pesos per dollar (0.0513 dollar per Mexican peso) --Off 6.51% from its 52-week high of 20.8489 hit Thursday, Jan. 16, 2025 --Up 17.71% from its 52-week low of ...
Utilities Gain on Defensive Rotation - Utilities Roundup
Italian energy giant Eni said it's in exclusive talks to sell a 20% stake in its Plenitude low-carbon unit to investment firm Ares Management alternative-credit arm for up $2.28 billion. French ...
Energy Declines on Iran-U.S. Nuclear Deal Reports - Energy Roundup
Shares of energy companies fell after claims from President Donald Trump that the U.S. and Iran are close to a nuclear deal. Such a deal would open up global markets to Iranian oil, flooding the ...
Tech Flat as Recovery Rally Runs Out of Steam - Tech Roundup
Shares of technology companies were more or less flat as the recovery rally ran out of steam. Facebook owner Meta is delaying the rollout of a flagship artificial-intelligence model, prompting ...
Euro Gains 0.11% to $1.1186 — Data Talk
--Up 9.17% from its 52-week low of 1.0246 hit Monday, Jan. 13, 2025 More proof that unloved investment areas can be fertile hunting grounds. Watching tariff exposure, big-ticket project trends, and ...
Financials Gain on Hopes For Continued Market Calm - Financials Roundup
Shares of banks and other financial institutions rose amid hopes for continued calm in global markets. One observer said another bout of volatility is highly possible, given the uncertain situation ...
Consumer Cos Decline After Lackluster Economic Data - Consumer Roundup
Consumer companies slipped amid lackluster economic data. Pending U.S. home sales fell 3.4% year-over-year during the four weeks ending May 11, Redfin said, their lowest level on record for this time ...
Dollar Loses 0.72% to 145.69 Yen — Data Talk
Month-to-date it is up 1.83% vs the Japanese yen --Year-to-date the dollar is down 7.33% vs the Japanese yen ...
S&P/TSX Composite Index Ends 0.80% Higher at 25897.48, Record Close — Data Talk
The S&P/TSX Composite Index is up 205.03 points or 0.80% today to 25897.48 --Largest one-day point and percentage gain since Friday, May 2, 2025 ...