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S&P 500 ekes out all-time closing high as Fed minutes eyed

The S&P 500 squeaked past its previous record closing high on Tuesday at the top of a holiday-shortened week, with earnings season winding down, U.S. Federal Reserve minutes on tap, and geopolitical uncertainties churning in the background. "There's a little bit of a three-day weekend hangover today," said Ryan Detrick, chief market strategist at Carson Group in Omaha. "At the same time we have the Fed minutes, coming out tomorrow and big retail earnings also coming out later this week," Detrick added.

Treasury Yields Climb as Traders Seek Further Clues on Fed Path

(Bloomberg) -- Treasuries slipped as traders sought further guidance on the path of US interest rates following economic reports last week that muddied their assessment of price pressures.Most Read from BloombergWhy Barcelona Bought the Building That Symbolizes Its Housing CrisisPor qué Barcelona compró el edificio que simboliza su crisis inmobiliariaTrump Child Refugee Agency Shares Data With Immigration EnforcersA Filmmaker’s Surreal Journey Into His Own Private WinnipegNYC Restaurants Are Sti

Fed Wanted an Inclusive Jobs Recovery. Some Are Asking If That Helped Fuel Inflation

(Bloomberg) -- In the first formal review of their policy strategy in five years, Federal Reserve officials are confronting a question that many outside the building have already taken up: Did their ambitious goals for a more inclusive job-market recovery after the pandemic slow their response to surging inflation?Most Read from BloombergWhy Barcelona Bought the Building That Symbolizes Its Housing CrisisPor qué Barcelona compró el edificio que simboliza su crisis inmobiliariaTrump Child Refugee