Stock Market Today: S&P 500 rally stalls as Treasury yields jump ahead of CPI data

Investing.com-- The S&P 500 closes lower Tuesday, taking a breather from its recent melt-up, pressured by a surge in Treasury yields just a day ahead of fresh inflation data.Treasury yields jumped Tuesday, with yields on the 10-year Treasury10 rising 9 basis points as investors grow wary ahead of key

The Fed cut rates by 25 basis points last week, and reiterated that it would maintain a data-driven approach to further easing. Beyond the CPI data, focus this week is also on addresses from a slew of Fed officials for more insight into the central bank’s plans for rates.said Tuesday that the labor market is resilient, but the Fed is in position to respond to risks as needed.The quarterly corporate earnings season is beginning to ebb, although several firms are still due to unveil their latest results.) stock fell 1.

France Dernières Nouvelles, France 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: S&P500 slips amid rising yields easing Alphabet rallyStock market today: S&P500 slips amid rising yields easing Alphabet rally
La source: Investingcom - 🏆 450. / 53 Lire la suite »

Stock market today: S&P 500 climbs ahead of busy week for data, big tech earningsStock market today: S&P 500 climbs ahead of busy week for data, big tech earnings
La source: Investingcom - 🏆 450. / 53 Lire la suite »

Stock market today: S&P 500 closes lower ahead of presidential electionStock market today: S&P 500 closes lower ahead of presidential election
La source: Investingcom - 🏆 450. / 53 Lire la suite »

Stock Market Today: S&P 500 ends just lower as intraday climb coolsStock Market Today: S&P 500 ends just lower as intraday climb cools
La source: Investingcom - 🏆 450. / 53 Lire la suite »

Stock market today: S&P 500, Dow in fresh record close as Netflix shinesStock market today: S&P 500, Dow in fresh record close as Netflix shines
La source: Investingcom - 🏆 450. / 53 Lire la suite »

Stock market today: S&P 500 slips as Treasury yields jump; tech earnings eyedStock market today: S&P 500 slips as Treasury yields jump; tech earnings eyed
La source: Investingcom - 🏆 450. / 53 Lire la suite »