Dow, S&P close lower as manufacturing data lifts yields

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Malay Mail Malesia 02.04.2024. 02:02

Dow, S&P close lower as manufacturing data lifts yields

NEW YORK, April 2 ― The Dow and S&P 500 edged lower yesterday, dragged down by investor worries over the timing of interest rate cuts by the Federal Reserve after stronger-than-expected manufacturing data pushed Treasury yields higher. The Institute for Supply Management (ISM) said its manufacturin»»»

malaymail.com
Gulf News Emirati Arabi Uniti 29.08.2022. 23:30

Wall Street retreats as rate hike concerns persist

New York: US stocks closed modestly lower on Monday, adding to last week’s sharp losses on nagging concerns about the Federal Reserve’s determination to aggressively hike interest rates to fight inflation even as the economy slows. Fed Chair Jerome Powell said on Friday the US economy would need ti»»»

gulfnews.com
Reuters Gran Bretagna 29.08.2022. 22:35

Wall Street retreats as rate hike concerns persist

NEW YORK, Aug 29 (Reuters) - U.S. stocks closed lower on Monday, adding to last week's sharp losses on nagging concerns about the Federal Reserve's determination to aggressively hike interest rates to fight inflation even as the economy slows. Fed Chair Jerome Powell said on Friday the U.S. economy»»»

reuters.com
Zawya Emirati Arabi Uniti 04.03.2021. 04:50

Yen near 7-month low, Asian shares fall as bond yields rise

NEW YORK - The Japanese yen hit a seven-month low on the dollar on Thursday as hopes that vaccine distribution and more government stimulus will drive the U.S. economy into a solid rebound lifted the greenback and benchmark Treasury yields. But the creep up in benchmark yields may weigh on Asian st»»»

zawya.com
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