Wall St gains as bond yields ease from highs - SABC News - Breaking news, special reports, world, business,

  • 📰 SABC News Online
  • ⏱ Reading Time:
  • 41 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 51%

Wall St Notícia

Bond

Wall Street's main stock indexes advanced in choppy trading on Monday

Raindrops hang on a sign for Wall Street outside the New York Stock Exchange in Manhattan in New York City, New York, US, October 26, 2020.Wall Street’s main stock indexes advanced in choppy trading on Monday after Treasury yields retreated from session highs, while investors awaited data and commentary from the Federal Reserve’s policy-makers to gauge its rate outlook.

Hawkish commentary from central bank officials last week and stronger-than-expected manufacturing and jobs reports pointed to a resilient US economy, easing the pressure on the Fed to cut interest rates quickly. The yield on 10-year Treasury notes rose to its highest level since last November earlier in the session.Market focus now shifts to the March reading of the US Consumer Price Index, due later in the week, that is expected to show a rise in headline inflation to 3.4% year-on-year, from 3.2% in February.

First-quarter earnings season picks up pace now, with banking giants JPMorgan Chase, Citigroup and Wells Fargo scheduled to report later in the week. Leading gains across mega cap growth stocks, Tesla rose 5.2% after CEO Elon Musk said the company would unveil the Robotaxi on August 8.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 32. in BR

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Jhb Water says supply not at breaking point - SABC News - Breaking news, special reports, world, business,The past two weeks have seen many Johannesburg residents without water amid a persistent heatwave. As officials scrambled for answers, Tshwane was also facing
Fonte: SABC News Online - 🏆 32. / 51 Consulte Mais informação »

Steady Europe keeps stocks near record highs - SABC News - Breaking news, special reports, world, business,World shares held close to record highs on Wednesday thanks to new all-time peaks in Europe
Fonte: SABC News Online - 🏆 32. / 51 Consulte Mais informação »

High traffic volumes entering Gauteng - SABC News - Breaking news, special reports, world, business, sportTraffic volumes entering Gauteng are high.
Fonte: SABC News Online - 🏆 32. / 51 Consulte Mais informação »