U.S. stocks open lower as Treasury yields jump after retail sales stronger than expected

U.S. stocks opened lower Tuesday as Treasury yields climbed after fresh economic data showed retail sales rose in September more than forecast. The Dow Jones Industrial Average DJIA was down 0.3% soon after the opening bell, while the S&P 500 SPX shed 0.7% and the Nasdaq Composite COMP fell 1.

1%, according to FactSet data, at last check. U.S. retail sales increased 0.7% last month, the Census Bureau said Tuesday. That’s much stronger than the 0.2% rise forecast from economists polled by the Wall Street Journal as consumers continued to spend in September. Yields in the Treasury market jumped after the retail sales report,...

Italia Ultime Notizie, Italia Notizie

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

U.S. stocks open higher as investors weigh New York’s Fed’s Empire State factory gauge, monitor Israel-Hamas warChristine Idzelis is a markets reporter at MarketWatch and is based in New York.
Fonte: MarketWatch - 🏆 3. / 97 Leggi di più »

UBS says Treasurys are poised for a powerful rebound as outlook for U.S. stocks dimsJoseph Adinolfi is a markets reporter at MarketWatch.
Fonte: MarketWatch - 🏆 3. / 97 Leggi di più »

KKR puts forward offer to buy Telecom Italia's fixed-network businessLouis Goss is a MarketWatch reporter based in London.
Fonte: MarketWatch - 🏆 3. / 97 Leggi di più »