US Stocks: US Market Ends Lower, Off Record Highs, as Treasury Yields Climb
16 Articles
16 Articles
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.
The New York Stock Exchange closed in red on Wednesday, affected by the re-emergence of concerns about the high level of borrowing costs of the states, due to a lack of news that could drive trade upwards.
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