U.S. stocks opened lower on Friday, with the S&P 500 index on track for a fourth straight daily loss, as a rise in Treasury yields and oil prices this week due to concerns about Middle East geopolitics reverberates across global markets.
Treasury yields backed off a bit on Friday, but the impact of their rise from earlier in the week was still being felt, sources said. Cleveland Fed President Loretta Mester will speak at 12:15 p.m. Eastern Time. She is set to be the last Fed official to deliver public remarks ahead of the central bank’s upcoming policy meeting.
Sverige Senaste nytt, Sverige Rubriker
Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.
Potential benefit of owning stocks over bonds has shrunk to its lowest level in 21 yearsJoseph Adinolfi is a markets reporter at MarketWatch.
Läs mer »
U.S. stocks climb, Treasury yields rise as investors await PowellJoseph Adinolfi is a markets reporter at MarketWatch.
Läs mer »