US Stocks: US Market Ends Lower, Off Record Highs, as Treasury Yields Climb
22 Articles
22 Articles
The three major New York stock indices fell across the board as U.S. Treasury yields surged to their highest levels in over 20 years. The S&P 500 and Nasdaq indices, which had hit all-time highs the previous day, also declined just one day later. On the 7th (local time), the Dow Jones 30 Industrial Average closed at 51,179.87, down 341.41 points (0.66%) from the previous close. The S&P 500 index fell 17.16 points (0.22%) to 7,801
Stocks Drop as IMF Warns of 'Very Tough Choices'
US stocks sweated back from their record on Wednesday as yield swung in the bond market. The S&P 500 fell 17.16 points, or 0.2%, to 7,801.77, a day after topping its priority all-time high set in August. The Dow Jones Industrial Average fell 341.41 points,...
New York's main stock indexes closed down on Wednesday (7), after the S&P 500 and Nasdaq renewed their closing records on the eve. The correction movement was favored by an advance in the yields of the medium and long maturity Treasurys, which reached their highest levels since 2002 earlier. But the stock exchanges ended the day away from the minimums, after future interest yielded along with oil prices. At the closing, the Dow Jones index fell …
(New York = Yonhap News) Correspondent Lim Soo-jung = On the 7th (local time), the three major US stock indices closed lower due to the burden of soaring government bond yields.
Reformatorisch Dagblad
welingelichtekringen.nlNew York stock exchanges closed lower on Wednesday, following record highs the previous day. Nervousness over persistently high energy prices prevailed. The fear is that expensive fuels are driving inflation, which also leads to higher interest rates. Investors therefore also watched with great interest the publication of the minutes of the Federal Reserve's latest interest rate meeting.
US stocks: US market ends lower, off record highs, as Treasury yields climb
The recent trading session on Wall Street saw a decline as US Treasury yields surged, sparking fears over inflation and the escalating debt crisis. This drop followed remarkable highs reached by the S&P 500 and Nasdaq. Concurrently, rising oil prices due to supply issues influenced market sentiment and contributed to a global bond selloff.
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