Financial News

The U.S. dollar edged lower against major currencies on Monday as Treasury yields retreated, with traders positioning cautiously ahead of Friday’s closely watched monthly employment report.

U.S. stocks finished at an all-time high on Friday, powered by better-than-expected quarterly results from major technology and financial firms. The rally capped the market’s best week in months as investor optimism returned.

The Federal Reserve left its benchmark interest rate unchanged on Wednesday, citing cooling inflation and a resilient labor market. Policymakers signaled they could begin cutting rates later this year if price pressures continue to ease.