Stock Market Today: Dow falls as rising yields return to put squeeze on stocks

Investing.com -- The Dow cut intraday cuts to close lower Thursday as rising Treasury yields pierced through early-day optimism following inflation data that surprised to the upside and signs of ongoing strength in the labor market.is expected to have rose to 0.4% in September, taking the annual rate to 3.7%, slightly above expectations for a 0.3% and 3.6% rise respectively.

“The claims data do not show any real evidence of a pickup in layoff activity,” Jefferies said in a note. For the full year, Delta Air Lines said it expects $6.00 to $6.25 in EPS, down from a prior estimate for EPS of $6 to $7. The company attributed the weaker guidance to a rise in fuel costs.) fell 2% as the automaker is set to see further disruptions at its plants after United Auto Workers Union called a surprise strike at Ford’s most profitable plant in Kentucky on Wednesday.) fell 6.

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.

Stock Market Today: Dow closes higher as Fed speakers fuel rate pause betsStock Market Today: Dow closes higher as Fed speakers fuel rate pause bets
Source: Investingcom - 🏆 450. / 53 Read more »

Stock Market Today: Dow ends higher as focus shifts to consumer inflation dataStock Market Today: Dow ends higher as focus shifts to consumer inflation data
Source: Investingcom - 🏆 450. / 53 Read more »

Stock Market Today: Stocks higher, Treasury yield slide on dovish Fed rate signalsU.S. equity futures edged higher Wednesday, with stocks looking to extend their recent run of gains to a fourth consecutive session, as markets react to more dovish rate signals from Federal Reserve officials heading into the start of the third quarter earnings season. While maintaining a close and ...
Source: startelegram - 🏆 248. / 63 Read more »

Stock market today: World shares mixed after Wall St buoyed by easing pressure on bondsWorld shares are mixed after Wall Street advanced following an easing of pressure from the bond market.
Source: ksatnews - 🏆 442. / 53 Read more »

Stock market today: World shares mixed after Wall St buoyed by easing pressure on bondsWorld shares are mixed after Wall Street advanced following an easing of pressure from the bond market.
Source: wjxt4 - 🏆 246. / 63 Read more »

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
Source: AP - 🏆 728. / 51 Read more »