advanced 0.3% to 7,567.72. The major indexes had closed lower on Wednesday, with the Dow losing more than 200 points.
Stock benchmarks briefly turned negative in afternoon trading, around the same time the 10-year Treasury yield gave back its earlier gains. The yield fell to 2.227%, near 20-month lows. The 10-year yield entered May trading above 2.5%. "It definitely points to slower growth. That's the primary driver right now in this risk-off environment we've experienced in the month of May," said Ryan Nauman, market strategist at Informa Financial Intelligence, about the drop in yields. "People are rotating out of equities and into Treasurys for that defensive play."
The S&P 500 is down more than 5% this month and remains below 2,800 — a key level watched by traders — for the first time since late March.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Fears of prolonged trade war weigh on Asia stocks; bonds rallyAsian stocks tracked Wall Street losses on Thursday as the latest exchanges betw... AFRICAN MUST TIMELY.
Source: Reuters - 🏆 2. / 97 Read more »
GOLDMAN SACHS: Buying the stocks most popular with hedge funds has been a market-crushing strategy. Here are the 17 they love the most.The stocks most owned by hedge funds have outperformed the broader market so far in 2019, and Goldman Sachs says they're poised for more gains.
Source: BusinessInsider - 🏆 729. / 51 Read more »
US stocks set for slight rebound after trade fears roil marketsU.S. stock index futures were higher on Friday morning, as market participants continue to monitor trade tensions between the world's two-largest economies.
Source: CNBC - 🏆 12. / 72 Read more »
Oil rises on declining U.S. crude stocks, but trade war worries lingerOil prices rose on Thursday after an industry report showed a bigger-than-expect... We are on a economic rollercoaster ride. My IRA is flat & back where it was when Trump took office. Under Obama I had slow but steady sustained gains for 5 years.
Source: Reuters - 🏆 2. / 97 Read more »
Why the worst may be yet to come for stocks as trade war tensions persistBNY Mellon's Alicia Levine believes Wall Street is making a big mistake when it comes to the trade war. I want to know where the heck is he getting a gallon of milk for $1.50 ? Decline in milk consumption. The rest is BS.
Source: CNBC - 🏆 12. / 72 Read more »
Global stocks to keep climbing but trade war a major hurdle: Reuters PollGlobal stocks will continue their march to higher ground but an escalation of th...
Source: Reuters - 🏆 2. / 97 Read more »
Oil prices rise on fall in U.S. crude stocks, but trade war worries cap gainsOil prices rose on Thursday after a bigger-than-expected decline in U.S. crude i...
Source: Reuters - 🏆 2. / 97 Read more »
Wall Street week ahead: Trade protection doesn't have to exclude growth stocksThe escalating U.S.-China trade war has sent dividend-rich sectors like utilitie... Are you developing the Genesis 2.0 analytics? No? What are you waiting for? Where’s Warren Buffet?
Source: Reuters - 🏆 2. / 97 Read more »
Wall Street Weekahead: Trade protection doesn't have to exclude growth stocksThe escalating U.S.-China trade war has sent dividend-rich sectors like utilitie... Croatian Parliament Adopts Convention Against Organ Trafficking March 24, 2019 London: British Parliament Expresses Concern about Forced Organ Harvesting in China April 03, 2019 | By a Minghui correspondent
Source: Reuters - 🏆 2. / 97 Read more »