U.S. stocks were mixed in Monday’s final hour of trading, with Dow industrials attempting to recover from earlier losses and down by 7 points. Meanwhile, the S&P 500 and Nasdaq Composite were up by 0.7% and 1.
5%, respectively, and on their way to bouncing back after suffering three straight weekly losses. Stocks were being pressured by a continued rise in long-term Treasury yields, as investors priced in a growing likelihood of higher-for-longer theme in U.S. rates. Meanwhile, Wall Street seemed confident that Nvidia Corp. will post a “beat-and-raise” earnings report on Wednesday.
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: WSJ - 🏆 98. / 63 Read more »