Stock Market Today: Stocks mixed as Microsoft lifts Dow, Treasury yields mute gains

  • 📰 startelegram
  • ⏱ Reading Time:
  • 43 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 63%

Belgique Nouvelles Nouvelles

A mixed set of big tech earnings, alongside modestly higher Treasury yields, has stocks set for an uncertain open on Wednesday.

U.S. equity futures were mixed in early Wednesday trading, with Treasury yields creeping higher and the dollar building gains against its global peers as investors reacted to the first wave of mega-cap tech earnings while continuing to track movements in the bond market.

Google, meanwhile, slumped 6.6% following a mixed set of third quarter earnings that showed slowing cloud computing growth overshadowing record ad revenues of $59.65 billion.In the bond market, a muted auction of $51 billion in 2-year notes yesterday, which drew softer demand from both foreign and domestic investors, drew a line under the recent Treasury market rally, which was also tested by a faster-than-expected reading for business activity by S&P Global over the month of October.

The U.S. dollar index, meanwhile, was marked 0.11% higher against a basket of six global currency peers and trading at 106.387 heading into the New York session. Brent crude contracts for December delivery were marked 8 cents higher at $88.15 per barrel while WTI contracts for the same month edged 2 cents higher to $83.74 per barrel.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 248. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Stock market today: Asian shares mostly rise after US stocks wobble as Treasury bond yields veerAsian shares are mostly higher after Wall Street wobbled to a mixed close as yields on U.S. Treasury bonds fell back after jumping above 5%. Benchmarks rose in Tokyo, Sydney, Seoul, Shanghai and Taiwan, but fell in Hong Kong. U.S. futures and oil prices rose.
La source: AP - 🏆 728. / 51 Lire la suite »

Stock market today: Asian shares mostly rise after US stocks wobble as Treasury bond yields veerAsian shares are mostly higher after Wall Street wobbled to a mixed close as yields on U.S. Treasury bonds fell back after jumping above 5%.
La source: ksatnews - 🏆 442. / 53 Lire la suite »

Stock market today: Asian shares mostly rise after US stocks wobble as Treasury bond yields veerAsian shares are mostly higher after Wall Street wobbled to a mixed close as yields on U.S. Treasury bonds fell back after jumping above 5%.
La source: wjxt4 - 🏆 246. / 63 Lire la suite »

Stock Market Today: Treasury rebound gives stocks a lift; mega-cap tech earnings on deckInvestors are waking up to a huge day on Wall Street, with a host of third quarter earnings, PMI data, a 2-year note auction and mega-cap tech updates all on the slate.
La source: startelegram - 🏆 248. / 63 Lire la suite »

Why a 5% Treasury yield sends a gloomy stock-market message right now‘The trade-off between stocks and bonds continues to be the most significant driver for equities broadly’: Jefferies
La source: MarketWatch - 🏆 3. / 97 Lire la suite »

Stock market today: World shares mixed after China pledges more support for slowing economyWorld shares are mixed after China pledged more spending to counter its economic slowdown. Benchmarks fell in Paris, Frankfurt, Sydney and Seoul but rose in London, Tokyo and Hong Kong. U.S. futures were mixed and oil prices turned higher. On Tuesday, the S&P 500 rose 0.7% and the Dow gained 0.6%. The Nasdaq composite climbed 0.9%.
La source: AP - 🏆 728. / 51 Lire la suite »