U.S. stocks open higher as Treasury yields retreat after investors seek safe havens amid Middle East conflict

U.S. stock indexes opened higher on Tuesday as Treasury yields fell on its first trading session following Columbus Day, after geopolitical uncertainty around the Israel-Hamas conflict rattled investors. The yield on the benchmark 10-year Treasury TMUBMUSD10Y, 4.698% lost about 11 basis points at 4.697%, while the 2-year Treasury yield TMUBMUSD02Y, 4.

995% was off 8 basis points at 4.991%, as investors closely watched events in the Middle East to gauge the risk to the financial markets. The decline in yields gave stock indexes a lift on Tuesday morning. The Dow Jones Industrial Average DJIA, +0.20% was rising 99 points, or 0.3%, to 33,699, while the S&P 500 SPX, +0.22% was gaining 0.2% and the Nasdaq Composite COMP, +0.20% was up 0.1%.

Nederland Laatste Nieuws, Nederland Headlines

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

Asian Stock Market: Regional indices exhibit varied performance amid Middle East conflictAsian markets exhibit a mixed sentiment with a negative bias as the market is cautious of the war between Israel and Hamas that erupted over the weeke
Bron: FXStreetNews - 🏆 14. / 72 Lees verder »

Middle East conflict boosts oil and gold prices, drags down global stocksThe conflict in the Middle East comes at a time when markets are jittery and bond yields around the world are at multi-year highs.
Bron: trtworld - 🏆 101. / 63 Lees verder »