5 Articles
5 Articles
New York stock markets turned higher after about four hours of trading on Monday, as investors kept a close eye on bond market developments and global oil prices ahead of the release of the Federal Reserve minutes later this week.
The Nasdaq once again set a historic peak and the S&P 500 advanced thanks to the momentum of major technology, but high bond yields and uncertainty about rates, debt and energy maintained caution on Wall Street.
Crude gives markets a break while Brent stands above $100, although the tension of sovereign debt and political uncertainty maintain caution among investors.
A rally in several large technology stocks sent the Nasdaq to a new record on Monday. At the same time, investors are monitoring developments in long-term interest rates and oil prices.
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