NEW YORK — U.S. stocks are drifting Wednesday as yields are mixed in the bond market, which has been Wall Street's main driver recently. The S&P 500 was 0.1% lower in afternoon trading. The Dow Jones Industrial Average was down 49 points, or 0.2%, as of 12:15 p.m. Eastern time, and the Nasdaq composite was 0.1% higher. Wall Street has been mostly struggling since the summer as longer-term yields shoot higher in the bond market, weighing on prices for all kinds of investments.
government racking up big deficits, which requires more borrowing, and buyers in shorter supply, the pressure has been mostly upward on Treasury yields. Strategists at Bank of America say it’s hard to forecast where the 10-year yield will go, but they can’t rule out a climb to or above 5%. They see U.S. rates stopping their climb following clearer signs that high rates are becoming “sufficiently restrictive” to the economy. That could show itself through a moderating U.S.
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:
المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين
Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.
Stock market today: Asian shares rise after eased pressure on bonds pushes Wall Street higherShares are higher in Asia, tracking Wall Street gains following an easing of pressure from the bond market. U.S. futures slipped and oil prices rose slightly. Investor sentiment got a boost from a report by Bloomberg, citing unnamed sources, that the Chinese government is considering boosting spending on construction to support the slowing economy. On Tuesday, the S&P 500 rose 0.5% and the Dow added 0.4%. The Nasdaq composite climbed 0.6%. Treasury yields eased considerably after trading resumed
مصدر: AP - 🏆 728. / 51 اقرأ أكثر »
Birkenstock set for its stock market debut as Wall Street trades in its wingtips for sandalsBirkenstock is making its debut on the stock market as Wall Street trades in its wingtips for sandals for a day.
مصدر: wjxt4 - 🏆 246. / 63 اقرأ أكثر »
Birkenstock set for its stock market debut as Wall Street trades in its wingtips for sandalsBirkenstock is making its debut on the stock market as Wall Street trades in its wingtips for sandals for a day.
مصدر: ksatnews - 🏆 442. / 53 اقرأ أكثر »
Birkenstock set for its stock market debut as Wall Street trades in its wingtips for sandalsBirkenstock is making its debut on the stock market as Wall Street trades in its wingtips for sandals for a day. The 249-year-old German maker of upmarket sandals set a price of $46 per share for its initial public offering of stock, valuing the company at $8.64 billion. It is due to start trading Wednesday on the New York Stock Exchange under the “BIRK” ticker symbol. The company’s footwear was first cobbled together by Johann Adam Birkenstock in Germany in 1774. The sandals have long been deri
مصدر: AP - 🏆 728. / 51 اقرأ أكثر »
Birkenstock set for stock market debut as Wall Street trades in wingtips for sandalsBirkenstock is making its debut on the stock market as Wall Street trades in its wingtips for sandals for a day
مصدر: ABC - 🏆 471. / 51 اقرأ أكثر »