03:39 PM EDT, 05/01/2024 (MT Newswires) -- Energy stocks retreated in late Wednesday afternoon trading, with the NYSE Energy Sector Index shedding 0.6% and the Energy Select Sector SPDR Fund (XLE) down 1.1%. The Philadelphia Oil Service Sector index fell 0.9%, while the Dow Jones US Utilities index gained 1.6%. US crude oil stocks, including those in the Strategic Petroleum...

* Fed leaves policy rate unchanged as expected * Statement indicates next move will be a cut * Fed Chair Powell: further inflation progress not assured * Job openings hit three-year low * Indexes up: Dow 1.16%, S&P 0.80%, Nasdaq down 1.13% By Stephen Culp NEW YORK, May 1 (Reuters) - U.S. stocks initially wavered but rose on Wednesday after...

While higher interest rates make bonds appealing, navigating the buying process may be challenging, especially for inexperienced retail investors. OpenYield emerges as a better way to capitalize on high interest rates. Founded by CEO Jonathan Birnbaum and CTO Hilton Lipschitz, this fixed-income trading platform caters to the resurgent interest in bond investments. It uses recent market structure innovations, including algorithm-enhancing...

03:29 PM EDT, 05/01/2024 (MT Newswires) -- Tech stocks were mixed late Wednesday afternoon, with the Technology Select Sector SPDR Fund (XLK) adding 0.9% and the SPDR S&P Semiconductor ETF (XSD) down 0.6%. The Philadelphia Semiconductor index dropped 1%. In corporate news, Alphabet's (GOOG) Google ( GOOG ) laid off at least 200 workers last week from its core organization...