Stocks fell and bond yields jumped as investors reassessed when the Federal Reserve may begin cutting interest rates.

The move has puzzled Wall Street, as it comes as the outlook for the economy has improved and inflation has generally cooled.

The parent company of Truth Social is a popular target for short-sellers, even after they lost $100 million last month betting on a decline in...

The S&P 500, rising 10 percent, set the pace as investors looked forward to interest rate cuts.

The influx of cash reflects optimism about the economy and company earnings despite high interest rates and stubborn inflation.

Higher inflation and rising wages suggest that the country’s economy can grow without such aggressive stimulus from the central bank.

It was the S&P 500’s best day in more than a year, and the tech-heavy Nasdaq composite rose more than 3 percent.

The chipmaker’s high “price to sales” ratio reflects investor enthusiasm around its growth prospects. But relying on that metric created trouble during the dot-com boom.

Traders and strategists are thinking about all the ways that November’s election could alter the mood in markets.

A hotter-than-expected inflation report led investors to push out their expectations for Federal Reserve rate cuts until later in the year.