Wall Street stocks were slightly lower at the open on Thursday, coming off a day of gains amid a bond rout reprieve, with the focus now turning to Friday's key labor market data.
TORONTO — Canada's main stock index eked out a small gain Wednesday as broad-based gains led by utility and technology stocks outweighed losses in energy and battery metals, while U.S. markets rose, led by technology. The S&P/TSX composite index closed up 13.89 points at 19,034.81. In New York, the Dow Jones industrial average was up 127.17 points at 33,129.55. The S&P 500 index was up 34.30 points at 4,263.75, while the Nasdaq composite was up 176.54 points at 13,236.01.
Spiking bond yields are stoking financial chaos – and the Fed will have to clean up the mess, JPMorgan strategist saysSEOUL -Hyundai Motor and Kia Corp said on Thursday that they had decided to adopt Tesla Inc's electric vehicle charging technology in the United States.
Wall Street stocks got a respite from the bond rout as investors increasingly accept the idea that the era of low interest rates is ending.STORY: Major U.S. stock indexes plunged Tuesday as economic data underscored the view the Federal Reserve may need to keep interest rates high.The Dow shed about 1.3%, the S&P 500 dropped nearly 1.4%, while the Nasdaq plummeted almost 1.9%.Data showed U.S.
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