S&P 500 futures virtually flat after 17th record high of the year

The S&P 500 is eyeing its 18th record close of 2024 as investors absorb a stickier-than-forecast consumer price index report with equanimity 


 
Mortgage rates dip below 7%. Recent homeowners race to refinance.

Mortgage applications rose 7.1% in the last week, the Mortgage Bankers Association said. The average rate for a 30-year mortgage is 6.84%. 


 
U.K. Economy Returns to Growth

The U.K.'s GDP rebounded slightly more than expected in January, indicating the country could be taking its first steps out of its recession in late 2023. 


 
Hot New Bitcoin Funds Are Still Waiting for Buy-In from Financial Advisers

Individual investors, who are shifting their bitcoin holdings from more expensive crypto products, appear to be driving the ETF demand. 


 
Now Lawyers Are Suffering From China's Deal Slump

The world's second-largest economy was once a money-spinner for lawyers and bankers. Not anymore. 


 
It's a Higher-for-Longer World for Rates, and That's OK

After another warm inflation reading, focus less on when the Fed will start cutting and more on where they will end up. 


 
Bitcoin Sets Another Record. How to Call the Crypto Market Top.

Bitcoin jumps above $73,000 for the first time on Wednesday. Prices may have more room to run, but watch for signs that the top is approaching. 


 
Corporate Bond Issuance Is Booming-But Not Sustainability-Linked Bonds

With its rate tied to meeting certain goals, issuance of this ESG-linked debt has tanked. Some say the SEC's new emissions-disclosure rule might eventually spur demand. 


 
Global dividends hit record $1.66 trillion in 2023 as Microsoft reclaims top spot

Global dividends rose 5% to a record $1.66 trillion in 2023 as growth in bank payouts compensated for lower distributions from miners 


 
Frothy U.S. Stock Market Just Isn't Crazy Enough to Be a Bubble

Artificial intelligence and other sectors are inflated for sure, but to this columnist speculative mania isn't evident.


(END) Dow Jones Newswires

03-13-24 0915ET