U.S. stocks drift slightly higher Tuesday, as investors await comments from Federal Reserve Chair Jerome Powell who is due to speak for the first time since Friday's January jobs report caused traders to shift their interest-rate forecasts closer to the higher one he's championed.

BING NEWS:
  • Analysis-US stocks face headwind from rising yields after Fed signals fewer rate cuts
    The rally in U.S. stocks is encountering a fresh hurdle -- a potentially problematic rise in Treasury yields as the Federal Reserve signals fewer interest rate cuts for 2025. The central bank's rate ...
    12/18/2024 - 9:58 pm | View Link
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