Stock Futures Are Little Changed After S&P 500 Retreats From Record: Live Updates
6 Articles
6 Articles
The New York stock market fell as long-term U.S. Treasury yields rose to a 24-year high. Financial and technology stocks took a hit due to concerns over rising borrowing costs, but narrowed their losses thanks to demand in Treasury auctions and falling oil prices. The Federal Reserve hinted at the possibility of further interest rate hikes this year through the September FOMC minutes.
The S&P 500 and the Dow Jones broke a four-day bullish streak, while the Nasdaq fell for the first time in six days.
[Digital Daily Reporter Lee Sang-il] On the 7th (local time), the three major US stock indices in New York closed lower due to concerns over soaring Treasury yields. The Standard & Poor's (S&P) 500 and Nasdaq Composite indices, which hit all-time highs the previous day, also fell slightly. Artificial intelligence (AI) semiconductor stocks showed mixed performance depending on the individual stock. On this day, the Dow Jones 30 Industrial Averag…
The tech-heavy Nasdaq fell after six sessions of gains.
Coverage Details
Bias Distribution
- 67% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium










