U.S. stocks open lower as yields rise on hopes of China COVID policy relief

U.S. stock indexes opened lower on Monday as China began easing its COVID-19 restrictions in major cities, while investors awaited more economic data ahead of next week's Federal Reserve policy meeting. The S&P 500 SPX, -0.71% fell 0.6%, while the Dow Jones Industrial Average DJIA, -0.71% declined 0.7% and the Nasdaq Composite COMP, -0.50% shed 0.5%. The 10-year Treasury yield advanced to 3.550% from 3.502% on Friday.

Several Chinese cities relaxed movement curbs and testing mandates over the weekend, raising hopes for a broader scaling back of the world's most stringent anti-COVID controls. On Monday, commuters in Beijing and at least 16 other cities were allowed to board buses and subways without a virus test in the previous 48 hours for the first time in months. Shares of Chinese and Hong Kong stocks rallied on Monday, while the U.S.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Asian Stock Market: China soars on easing Covid curbs, oil loses strengthMarkets in the Asian domain are displaying mixed responses as the risk impulse is turning precautionary ahead of US ISM Services PMI data. S&P500 futu
출처: FXStreetNews - 🏆 14. / 72 더 많은 것을 읽으십시오 »

Nio, Alibaba, Bilibili among China stocks set for another rally as Covid controls easeU.S.-listed shares of Chinese internet stocks are enjoying a sharp rally yet again in premarket trading Monday.
출처: MarketWatch - 🏆 3. / 97 더 많은 것을 읽으십시오 »