Stock market news today: S&P 500 wraps worst week of 2023

US stocks fell on Friday to close out a losing week, with the S&P 500 notching its worst weekly performance since mid-December.

The Nasdaq Composite and Dow Jones Industrial Average also ended lower as traders digested discouraging January inflation data. On Friday, core Personal Consumption Expenditures, the US central bank's preferred inflation measure, increased 0.6% in January, higher than economists' estimates. Bond yields jumped as traders bet on more interest rate hikes from the Federal Reserve. The two-year Treasury yield jumped 11 basis points to 4.81%, nearing its highest level since 2007. The 10-year yield rose seven basis points to 3.95%.

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

These growth stocks are highly rated and are outperforming the S&P 500 in 2023Investors can take a closer look at some highly-rated names even as markets digest the likelihood of higher interest rates for longer.
Sumber: CNBC - 🏆 12. / 72 Baca lebih lajut »

Stock market news today: S&P 500 looks to snap a 4-day losing streakUS stocks rise as the S&P 500 looks to snap a 4-day losing streak
Sumber: BusinessInsider - 🏆 729. / 51 Baca lebih lajut »

Stock market news today: S&P 500 ends slump after volatile sessionUS stocks finish higher after volatile session as S&P 500 breaks out of slump
Sumber: BusinessInsider - 🏆 729. / 51 Baca lebih lajut »