U.S. stocks traded mixed in the final hour of trading on Thursday as another pandemic lockdown in the southwestern Chinese metropolis of Chengdu added to concerns about economic growth. The Dow Jones Industrial Average DJIA, +0.46% was up by 0.3% and the S&P 500 SPX, +0.30% gained less than 0.1%, while the Nasdaq Composite COMP, -0.
26% lost 0.6%. The two-year Treasury yield hit a fresh 15-year high at 3.528%, while the 10-year Treasury yield climbed to 3.266%, its highest level since late June. Rising bond yields also push the U.S. dollar to a 20-year high. Economists expect the August employment report, due Friday morning, to show the creation of 318,000 jobs.
These are all head fakes the trend is down
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Nasdaq records largest 4-day losing streak since June as stocks finish August in the redU.S. stocks finished in the red for a fourth straight day on Wednesday. The Dow Jones Industrial Average retreated 280.44 points, or 0.9%, to 31,510.43, finishing August down 3.9%. I can see is making new 52 week lows in September I love the manipulation of the market. They just making thing better for us and bad for them 🫣
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Today’s Stock Market News: Dow, S&P 500 Futures WaverStock futures wavered, after major indexes logged three consecutive days of losses driven by expectations of tighter Fed policy. Follow the latest markets updates.
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