Stock Market Today: Bond Selloff Weighs on Dow Futures

The yield on the 30-year U.S. Treasury note briefly breached 5%, while the 10-year equivalent hovered around 4.8%—its highest level since August 2007. Germany's 10-year Bund yield briefly touched 3%, for the first time in 12 years.

The rapid rise in rates in the past few weeks is increasingly spilling over into other financial markets and denting the allure of riskier assets like stocks. The S&P 500 closed Tuesday at its lowest level since early June, after falling 1.4%.. Hong Kong’s Hang Seng set a fresh 2023 low for the second day running. Indexes in Europe also retreated.ADP employment report

is due at 8:15 a.m. ET. Readings on services activity and factory orders will arrive shortly after the opening bell.This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.

Nederland Laatste Nieuws, Nederland Headlines

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

Stock Market News Today: Dow Falls 300 Points; Meta, Alibaba Stocks in FocusLive coverage of what's moving stocks and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite
Bron: WSJ - 🏆 98. / 63 Lees verder »

Stock Market News Today: Dow Falls 500 Points; Meta, VinFast Stocks in FocusLive coverage of what's moving stocks and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite
Bron: WSJ - 🏆 98. / 63 Lees verder »

Stock Market Today: Dow turns negative for 2023 as surging yields sink stocks By Investing.comStock Market Today: Dow turns negative for 2023 as surging yields sink stocks
Bron: Investingcom - 🏆 450. / 53 Lees verder »

Stock Market Today: Dow ends lower on rising Treasury yields as US averts shutdown By Investing.comStock Market Today: Dow ends lower on rising Treasury yields as US averts shutdown
Bron: Investingcom - 🏆 450. / 53 Lees verder »

Stock market today: World markets mixed as bond selling pressures Wall StreetWorld shares are mixed after Wall Street simmered under pressure from rising bond yields. U.S. futures and oil prices edged higher.
Bron: AP - 🏆 728. / 51 Lees verder »