NEW YORK/LONDON, Aug 7 - Wall Street equity indexes lost ground after opening higher on Wednesday while a bond auction pushed Treasury yields higher and the dollar rose against the yen after cautious central banker comments.
After opening higher on Wednesday Wall Street's benchmark S&P 500 started losing ground in the late morning and fell further following a weak auction of U.S. 10-year Treasuries. On Wall Street at 02:59 p.m. the Dow Jones Industrial Average , fell 211.80 points, or 0.54%, to 38,785.86, the S&P 500 , lost 26.89 points, or 0.51%, to 5,213.14 and the Nasdaq Composite , lost 120.72 points, or 0.74%, to 16,246.14.
The dollar index , which measures the greenback against a basket of currencies including the yen and the euro, gained 0.23% at 103.22.
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:
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Markets today: Stocks climb around the world on dovish BOJ signalStocks climbed around the globe and bonds fell after the Bank of Japan moved to reassure markets in the wake of historic volatility sparked in part by the Asian nation’s unexpected rate hike last week.
Source: BNNBloomberg - 🏆 83. / 50 Read more »
Premarket: Stocks rebound continues, yen slumps after BOJ talks down rate hikesNikkei’s 1.2% rise followed Tuesday’s 10% rally, suggesting investors were finding their footing
Source: globeandmail - 🏆 5. / 92 Read more »
Japanese Stocks Plunge Most Since 2020 as BOJ Shift Rocks Market(Bloomberg) -- Japanese shares tumbled the most since 2020, with the benchmark Topix index sinking more than 10% from its July peak as the fallout from...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Stocks rise, yen gains after BoJ move; earnings and Fed in focusThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »
Stocks rise, yen gains as BOJ hikes rates; Fed in focusThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »
Premarket: Stocks rise, yen gains after BOJ hikes ratesInvestors prepare for U.S. Fed decision
Source: globeandmail - 🏆 5. / 92 Read more »