News Formal

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

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 51%

Italia Notizia Notizia

US stocks close lower to wrap up losing week as hot inflation data jolts markets

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%.

 

Grazie per il tuo commento. Il tuo commento verrà pubblicato dopo essere stato esaminato.
Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:

 /  🏆 729. in İT

Italia Ultime Notizie, Italia Notizie

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

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.
Fonte: CNBC - 🏆 12. / 72 Leggi di più »

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
Fonte: BusinessInsider - 🏆 729. / 51 Leggi di più »

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
Fonte: BusinessInsider - 🏆 729. / 51 Leggi di più »