Investing.com -- U.S. stocks ended higher Tuesday, notching a seven-day win streak underpinned by strength in big tech as Treasury yields fell despite Federal Reserve members signaling that rate hikes remain on the table.fell as investors continue to digest remarks from Fed speakers that point to the possibility of further rate hikes ahead.
Fed governor Governor Michelle Bowman said Tuesday she continues to expect that the Fed"will need to increase the federal funds rate further to bring inflation down to our 2 percent target in a timely way.", who is slated to deliver a speech on Wednesday and Thursday. Futures markets expect the Fed to hold rates steady again at its December meeting.
Both contracts have slumped over the past week, amid growing expectation that the Israel-Hamas war will not disrupt supply in this oil-rich region.We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind: Include punctuation and upper and lower cases.
الإمارات العربية المتحدة أحدث الأخبار, الإمارات العربية المتحدة عناوين
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Stock Market Today: Stocks slide, Treasury yields rise as bears test peak rate betsStocks are closely tracking Treasury yields Tuesday, ahead a key three-day run of new bond auctions, as markets test recent bets on peak Fed rates.
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