Wall Street Closed without Training, Held Back by Rising Borrowing Costs
9 Articles
9 Articles
Mixed trends prevailed on the New York Stock Exchange today, as uncertainty about developments in the Middle East led to a new rise in oil prices and US government bond yields. The Dow Jones industrial average closed down 161.61 points (-0.31%), at 51,349.98 points. The Nasdaq index, dominated by technology companies, closed up 3.33 points (+0.01%), at 26,939.37 points. The broader S&P 500 index, indicative of the general trend, closed with a ma…
The Dow Jones fell by 0.31%, while the Nasdaq (+0.01%) and the expanded S&P 500 index (-0.02%) both finished close to balance. "We are experiencing a new fall-off, while bond yields continue to rise," which "weakly weighs on stocks," observes AFP Peter Cardillo, analyst at Spartan Capital Securities. The return on long-term US government borrowing (30 years) has reached a higher level since 2004, at 5.50%. Its 10-year equivalent rose to 5.21% ar…
Small changes in indices as investors assess developments in the Middle East and worry about the new jump in bond yields - Third consecutive falling session for the Dow Jones - Market closely watches Xi's visit to Washington
Dow Jones closed down 0.31%, S&P 500 fell 0.02% and Nasdaq rose 0.01%
The S&P 500 and Nasdaq indices are almost unchanged as uncertainty prevails in the Middle East.
The Nasdaq and S&P 500 stock indexes remained at yesterday's levels. The Dow Jones had a third day of decline.
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