U.S. stocks dip, Treasury yields rise as investors look to the Fed

NEW YORK, Sept 15 - Wall Street dipped and Treasury yields bounced on Friday as chipmakers and auto stocks outweighed a string of robust economic data, providing a downbeat ending to a generally upbeat week.

On the economic front, data released on Friday was generally better than analysts expected, with industrial production breezing past consensus and University of Michigan consumer inflation expectations cooling. "There is a real chance that by dumb luck this Federal Reserve is going to be able to thread the needle and achieve a soft landing," Pavlik added.

Emerging market stocks rose 0.31%. MSCI's broadest index of Asia-Pacific shares outside Japan closed 0.59% higher, while Japan's Nikkei rose 1.10%.

Nederland Laatste Nieuws, Nederland Headlines

Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.

U.S. stocks, Treasury yields gain as CPI cements Fed pauseKitco 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.
Bron: KitcoNewsNOW - 🏆 13. / 78 Lees verder »

‘Higher for longer' rates remain a threat to U.S. stocks after inflation dataKitco 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.
Bron: KitcoNewsNOW - 🏆 13. / 78 Lees verder »