The S&P 500 and Nasdaq fell, with the S&P hitting a two-month low as elevated U.S. Treasury yields dampened investor sentiment amid concerns over inflation and delayed rate cuts from the Federal Reserve. The Dow rose, driven by gains in health care stocks following proposed Medicare reimbursement increases, while the Russell 2000 index entered correction territory. Energy stocks outperformed, buoyed by rising crude prices amid expectations of U.S. sanctions on Russian oil.
about US Stock Markets Decline as Treasury Yields Remain ElevatedChuck Mikolajczak
0 posts last weekFutures Decline as Investors Anticipate No Fed Rate Cuts in 2025
U.S. Treasury yields rose, with the 10-year note reaching a 14-month high of 4.805%, as investors adjusted expectations for Federal Reserve rate cuts in 2025. The S&P 500 and Nasdaq fell, with the S&P hitting a two-month low, while the Dow gained, driven by a rise in UnitedHealth Group following proposed Medicare reimbursement rate increases. The upcoming Consumer Price Index and Beige Book reports are anticipated to influence the Fed’s policy outlook.
about Futures Decline as Investors Anticipate No Fed Rate Cuts in 2025Asian stocks rise as dollar stabilizes amid US economic data
Global stocks rallied on Friday, with U.S. markets rebounding after a five-session decline, led by utilities and consumer discretionary sectors. The dollar, after hitting a two-year high, saw a slight dip despite strong manufacturing data, while U.S. Treasury yields stabilized above 4.5%. Crude oil prices rose, supported by colder weather and new economic stimulus from China.
about Asian stocks rise as dollar stabilizes amid US economic data