Stock Market Today: S&P 500 in longest losing streak since October as yields jump

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 40 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 53%

Business News News

Business Business Latest News,Business Business Headlines

Stock Market Today: S&P 500 in longest losing streak since October as yields jump

Investing.com-- The S&P 500 closed lower Thursday, notching a fifth-straight daily loss and its longest losing streak since October, as investors weighed up rising treasury yields on easing hopes for rate cuts.Treasury yields continue to melt-up on hawkish fed speak, stronger economic data

Interest are in a"good place", New York Federal Reserve President John Williams said Thursday, though cautioned that"if the data are telling us that we would need higher interest rates to achieve our goals, then we would obviously want to do that." Some on Wall Street remain sanguine on the chipmaker on expectations for an ongoing boost from AI-led demand.

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.

 

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

 /  🏆 450. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines

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

Stock Market Today: S&P 500 closes lower as Nvidia leads tech stumbleStock Market Today: S&P 500 closes lower as Nvidia leads tech stumble
Source: Investingcom - 🏆 450. / 53 Read more »

Stock Market Today: S&P 500 closes lower as Powell signals higher for longer ratesStock Market Today: S&P 500 closes lower as Powell signals higher for longer rates
Source: Investingcom - 🏆 450. / 53 Read more »

Stock Market Today: S&P 500 closes higher on tech strength; big bank earnings eyedStock Market Today: S&P 500 closes higher on tech strength; big bank earnings eyed
Source: Investingcom - 🏆 450. / 53 Read more »

Stock Market Today: S&P 500 closes flat ahead of key inflation data, earningsStock Market Today: S&P 500 closes flat ahead of key inflation data, earnings
Source: Investingcom - 🏆 450. / 53 Read more »

Stock Market Today: S&P500 in record close amid best Q1 performance since 2009Stock Market Today: S&P500 in record close amid best Q1 performance since 2009
Source: Investingcom - 🏆 450. / 53 Read more »

Stock market today: World shares are mostly higher after S&P 500 sets another recordEuropean shares have opened higher after a mixed trading session in Asia.
Source: wjxt4 - 🏆 246. / 63 Read more »