IBT Staff Reporter

11221-11250 (out of 154954)

Wall Street Inches Higher As Growth Stocks Rebound

U.S. stocks edged higher on Monday as growth stocks rebounded after April's rout, with investor focus squarely on the Federal Reserve meeting this week where policymakers are widely expected to raise interest rates.

Bond Investors Go For Safety, Brace For Ultra-hawkish Fed

The Federal Reserve's well-telegraphed plan to hike interest rates by half a percentage point on Wednesday and start reducing its balance sheet has failed to ease inflation and growth worries, prompting bond investors to seek safety by adjusting the duration of their portfolios.

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