Stock Market Today: Stocks steady, Treasury yields nudge higher ahead of jobs report

  • 📰 startelegram
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 63%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

Stocks are braced for Friday's crucial jobs report following a series of mixed employment data and a volatile week for Treasury bond yields.

U.S. equity futures were little-changed in early Friday trading, while Treasury yields steadied and the dollar edged higher as investors around the world braced for a crucial September jobs report.

Surging Treasury bond yields, which have added around 55 basis points to benchmark 10-year notes over the past five weeks, have in turn rattled global markets and pushed the S&P 500 into its longest weekly losing streak since May of 2022. In other markets, global oils prices were flat in the overnight session, but largely on pace for another weekly decline and their longest losing streak since March following a the Energy Department's report of a surprise build-up in gasoline stocks earlier this week.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 248. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock Market Today: Treasury yields extend spike with stocks at 4-month lowsWith Treasury yields rising, and market volatility gauges surging, stocks are set for another rough ride Wednesday with ADP jobs data in focus.
Source: startelegram - 🏆 248. / 63 Read more »

Stock market likely to correct if 10-year Treasury yield reaches 5%, RBC saysThe 10-year Treasury yield's recent push above 4.3% is aborting an upswing for stocks that began year ago, says Robert Sluymer, technical strategist at RBC...
Source: MarketWatch - 🏆 3. / 97 Read more »

Stock Market Today: Dow snaps losing streak as Treasury yield storm calmsStock Market Today: Dow snaps losing streak as Treasury yield storm calms
Source: Investingcom - 🏆 450. / 53 Read more »

Stock Market Today: Dow, S&P Slip Ahead of Job's Report; Rivian, VinFast Stocks in FocusLive coverage of what's moving stocks and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite
Source: WSJ - 🏆 98. / 63 Read more »