Stock Market Live: Stocks Edge Higher, Bonds Rally on Bank of Japan Surprise; Retail Sales Data In Focus

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The Street

By Martin Baccardax A surprise hold on rates and policy moves from the Bank of Japan overnight has bond markets rallying, with stocks eyeing retail sales and earnings data. U.S. equity futures edged higher Wednesday, while the dollar drifted south and Treasury yields retreated, as investors reset prices in bond and currency markets following an unexpected policy move by the Bank of Japan and looked to a key reading on retail sales later in the session. Bond markets rallied in major markets around the world overnight after the Bank of Japan declined to make any changes to its ultra-loose moneta…

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