Bonds

Investment bank Goldman Sachs saw its profits nearly quintuple in the first quarter, driven by a massive surge of revenue from its core investment banking and trading operations.

U.S. stock struggled Tuesday as bond yields reached a 14-month high ahead of President Biden later this week unveiling his $3 trillion infrastructure package.

U.S. equity markets fell Tuesday amid renewed concerns about the pace of the global recovery as European countries imposed new COVID-19 lockdowns and as Federal Reserve Chairman Jerome Powell and Treasury Secretary Janet Yellen testified about the U.S. government’s COVID-19 relief efforts.

The S&P 500 has come roaring back from the depths of its COVID-19 induced selloff, but the index faces new headwinds as the U.S. economic recovery kicks into a higher gear.

U.S. equity markets finished mixed Friday as the Nasdaq rebounded while the Dow Jones Industrial Average and the S&P 500 lost ground. 

Fed Chair Powell sees an improving economy.

Big money managers say that for the first time in a year COVID-19 is not the biggest tail risk to markets, according to a new survey.

The defensive utilities and consumer staples sectors could provide protection to stock-market investors wary of rising bond yields and the return of inflation that has been lacking since the 2008 financial crisis.