Tomas Ferreira
Tomas covers commodities, currencies, and the bond market, reporting on how moves in oil, gold, and Treasury yields feed through to stocks.
Articles by Tomas Ferreira
Stocks Drift Near Records as Wall Street Weighs Iran Impasse Ahead of CPI
The S&P 500 hovered near record territory Tuesday while the Dow edged higher and the Nasdaq slipped, as traders balanced stalled U.S.-Iran diplomacy against Wednesday's pivotal inflation report.
The Job Engine Stalls: July's Payroll Contraction Redraws the Fed's Map
The economy shed 23,000 jobs in July against expectations for solid gains, and the miss has scrambled the Federal Reserve's September calculus even as some officials keep pressing the case for higher rates.
Main Street Perks Up While Housing Stays Stuck: Two Economies in One Morning
Small business optimism hit its highest level in nearly a year with hiring plans at a 2022 high, even as existing home sales slipped again — a split screen that captures the economy's uneven footing.
Oil Reverses Higher as the Hormuz Chokepoint Tightens to a Trickle
Crude erased early losses and pushed toward $84 a barrel Tuesday as shipping through the Strait of Hormuz slowed to a handful of vessels and U.S.-Iran diplomacy stayed frozen.
Credit Card Balances Hit $1.26 Trillion as the 'K-Shaped' Consumer Splits Further
The New York Fed's second-quarter household debt report showed card balances climbing $21 billion and more Americans straining to keep up with home and car payments — fresh evidence of a two-track consumer economy on the eve of CPI.