News Formal

Stock market today: Wall Street drifts lower as pressure rises from the bond market

  • 📰 SooToday
  • ⏱ Reading Time:
  • 45 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 85%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

NEW YORK (AP) — Wall Street is drifting lower in early trading as pressure from the bond market continues to build. The S&P 500 was down 0.5% early Monday. The Dow lost 171 points, and the Nasdaq composite was off 0.6%.

Rapidly rising yields in the bond market have been knocking stock prices lower since the summer. The yield on the 10-year Treasury briefly topped 5.02% early Monday to touch its highest level since 2007. Oil prices fell to ease some of the pressure on inflation. Chevron dropped after saying it would buy rival Hess for $53 billion, the latest huge deal in the oil-and-gas industry.

The Federal Reserve raised its overnight interest rate rapidly hoping to quash high inflation, which has come down from its peak last summer. The yield on the 10-year Treasury has recently has been catching up to the Fed's main interest rate, which is already above 5.25% — its highest level since 2001.

The escalation of conflict in the Middle East has rattled markets, adding to uncertainty about oil supplies from the region if the fighting spreads. International investors have been shifting their assets out of Chinese shares due to simmering geopolitical tensions, challenging economic conditions, and a crisis in the property industry.Shares in Taiwan-based Foxconn Technology Co., a Fortune 500 company known for making Apple iPhones, fell 2.2% after Chinese state media reported over the weekend that the company has been subjected to searches by Chinese tax authorities.

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 8. in JP
 

コメントありがとうございます。コメントは審査後に公開されます。

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Wall Street analysts on impact of rising yields on stocksSeveral Wall Street analysts, including Morgan Stanley's Mike Wilson and RBC Capital Markets' Lori Calvasina, published notes illustrating stock market risks...
ソース: YahooFinanceCA - 🏆 47. / 63 続きを読む »

Wall St opens lower as 10-yr yield hits 5%; Big Tech earnings in focusKitco News collects and features the top financial, economic and geopolitical news from around the world. Kitco's aggregated sources include some of the top newswires in the world including the Association Press, Canadian Press, Japanese Economic Newswire, and United Press International.
ソース: KitcoNewsNOW - 🏆 13. / 78 続きを読む »

Stock Pickers Sidelined With World Events Overshadowing Earnings(Bloomberg) -- Earnings season typically is the time when investors can look past macroeconomic forces and focus on company-specific news moving stocks. This...
ソース: YahooFinanceCA - 🏆 47. / 63 続きを読む »

Stock Pickers Sidelined With World Events Overshadowing EarningsEarnings season typically is the time when investors can look past macroeconomic forces and focus on company-specific news moving stocks. This quarter, however, is turning out to be anything but typical.
ソース: BNNBloomberg - 🏆 83. / 50 続きを読む »

11 charts to make sense of the stock marketThere seems to be a lot on investors’ minds lately. Fortunately, there are also lots of really smart people sharing charts that help contextualize all these ...
ソース: YahooFinanceCA - 🏆 47. / 63 続きを読む »