U.S. stocks open lower amid rising yields as investors assess housing data

U.S. stocks opened lower Wednesday amid rising yields as investors assessed fresh data on the housing market. The Dow Jones Industrial Average DJIA, -0.30% dipped 0.4% soon after the opening bell, while the S&P 500 SPX, -0.67% fell 0.5% and the Nasdaq Composite COMP, -0.82% slipped 0.

8%, according to FactSet data, at last check. The Commerce Department said Wednesday that construction on new U.S. homes fell a seasonally adjusted 8.1% in September while building permits for new homes rose 1.4%. Meanwhile, the yield on the 10-year Treasury note was trading up around nine basis points Wednesday morning at 4.09%, FactSet data show, at last check.

Österreich Neuesten Nachrichten, Österreich Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

U.S. stock futures waver even after Netflix earnings beat as Treasury yields riseEarly gains for futures lost as Treasury yield rises further above 4%. Great use of Derry Girls 😉
Herkunft: MarketWatch - 🏆 3. / 97 Weiterlesen »

Dow climbs nearly 600 points as stocks open sharply higher after Friday’s punishing selloffU.S. stocks opened sharply higher on Monday, with the Dow Jones Industrial Average advancing nearly 600 points, as stocks rebounded following Friday’s...
Herkunft: MarketWatch - 🏆 3. / 97 Weiterlesen »

‘Material risk’ looms over stocks as investors face bear market’s ‘second act,’ warns Morgan StanleyStock-market investors have been adjusting to the jump in interest rates amid high inflation, but they have yet to cope with profit headwinds faced by the... No earnings, market sinks. Multiple reflect earning power of which their is little. Market has totally under appreciated risk for years Thought it was a one way ticket to rewards. Market give them, markets taketh away. Now is time when individual cos fundamentals matter
Herkunft: MarketWatch - 🏆 3. / 97 Weiterlesen »