U.S. stocks stumble toward third straight weekly loss on rising yields, China worries

📆 18/08/2023 01:55 p. m.
📰 MarketWatch

⏱ Reading Time:
29 sec. here
2 min. at publisher
📊 Quality Score:
News: 15%
Publisher: 97%

México Noticias Noticias

México Últimas Noticias,México Titulares

U.S. stock-index futures on Friday were trading near the lowest closing value in about two months, as investors react to rising bond yields and China's...

U.S. stocks were lower again Friday, as the rise in bond yields and China’s economic woes left stocks heading for another losing week.

What’s driving markets The big story in markets is the deteriorating value of longer-duration government bonds, with the 10-year yield BX:TMUBMUSD10Y near its highest level since 2008, and the 30-year yield BX:TMUBMUSD30Y at its highest level in more than a decade.

Rising yields have been fueled by surge in new issuance of Treasurys by the U.S.

Market attention also is focused on China, after builder Evergrande filed for bankruptcy protection in U.S. courts, and the People’s Bank of China stepped in to help its beleaguered currency.

Escribir Comentario

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

México Últimas Noticias, México Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

5 things to know before the stock market opens FridayHere are the most important news items that investors need to start their trading day.
Fuente: NBCNewYork - 🏆 270. / 63 Leer más »

The Investing Club's top 10 things to watch in the stock market FridayStocks are poised to open lower Friday, while Club name Estee Lauder posts a small quarterly profit.
Fuente: CNBC - 🏆 12. / 72 Leer más »