Stock market today: Oil prices jump again on worries about the Middle East as Wall Street fades

AP correspondent Seth Sutel has the Markets in a Minute report, with stocks getting off to a sluggish start.

In the bond market, Treasury yields rose after reports suggested the U.S. economy remains solid. One showed growth for real estate, health care and other U.S. services businesses accelerated to its strongest pace since February 2023 and topped economists’ expectations, though employment trends may be slowing.

On Wall Street, Levi Strauss dropped 7.7% despite reporting better profit for the latest quarter than analysts expected. The denim company’s revenue fell short of forecasts, and it said it’s considering what to do with its Dockers brand, whose revenue fell 7% last quarter. The yield on the 10-year Treasury rose to 3.85% from 3.78% late Wednesday. The two-year yield, which moves more closely with expectations for what the Fed will do with overnight rates, rose to 3.70% from 3.64%.

ایران آخرین اخبار, ایران سرفصلها

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Stock market today: S&P 500 closes lower as rising Middle East tensions weighStock market today: S&P 500 closes lower as rising Middle East tensions weigh
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Stock Futures Slip as Middle East Tensions Rise and Nike Shares React to Mixed EarningsU.S. stock futures dipped overnight as investors grappled with escalating tensions in the Middle East and Nike's mixed first-quarter earnings report. Tech stocks led the declines, while concerns about a potential wider conflict in the region overshadowed hopes for an economic rebound.
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Stock market today: Dow ekes out gain, but rising Middle East tensions weighStock market today: Dow ekes out gain, but rising Middle East tensions weigh
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