Dow trims gains, Nasdaq wavers in final hour of trade as stocks attempt to end four-day skid

U.S. stock indexes traded mostly higher in the final hour of trade on Tuesday, in an attempt to snap a four-day losing streak after the Bank of Japan's surprise policy change sent global bond yields higher. The Dow Jones Industrial Average DJIA, +0.24% rose 66 points, or 0.2% to 32,825. The S&P 500 SPX, +0.07% gained 0.1%, while the Nasdaq Composite COMP, -0.05% was nearly flat at 10,540.

The Bank of Japan said Tuesday the yield on the 10-year Japanese government bond could rise as high as 0.5% from a previous cap of 0.25%, causing the Japanese yen to advance more than 3% against the U.S. dollar. The ICE U.S. Dollar Index, a gauge of the dollar's strength against a basket of rivals, fell by 0.6% to 104.10. Precious metals prices also rallied on Tuesday, with the most-active gold contract settling at its highest level in a week.

Ireland Ireland Latest News, Ireland Ireland Headlines

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

5 things to know before the stock market opens TuesdayHere are the most important news items that investors need to start their trading day. The only thing I know is the market was better when realDonaldTrump was in office. Boycott Tesla
Source: CNBC - 🏆 12. / 72 Read more »

Stock market today: Dow extends losses as tech struggles to escape Fed rate fears By Investing.comStock market today: Dow extends losses as tech struggles to escape Fed rate fears bagged
Source: Investingcom - 🏆 450. / 53 Read more »