The Commerce Department released moderately better data on the economy this morning -- but don't celebrate quite yet. While U.S. consumer prices ticked higher in March, today's 1.5 percent figure still falls short of the Federal Reserve's stated 2 percent target.
Madison Dearborn Partners LLC has salvaged its bet on Nuveen Investments Inc. almost seven years after the disastrously timed buyout and two years after a star manager’s exit derailed plans for an initial public offering.
The S&P 500 Index has crossed the flat line a total of 15 times so far this year. We believe its inability to rally past last year's +29.6 percent mark signals fatigue, especially in light of some recent bullish news:
The NASDAQ Composite Index has lost four percentage points in two and half days, led lower by technology and biotechnology. These have been the momentum darlings over the past year. What a difference a month makes.
U.S. stocks fell, after benchmark indexes climbed to records, while Treasuries rose before the government releases its monthly jobs report. The euro weakened as the region’s central bank said it’s prepared to take action to head off deflation.