U.S. Stocks Edge Further From Their Record as Oil Prices Rise
8 Articles
8 Articles
The New York stock market opened lower on the 8th (local time) due to pressure from rising Treasury yields and international oil prices. According to the U.S. economic news outlet CNBC, as of 9:57 a.m. on the New York Stock Exchange (NYSE), the Dow Jones 30 Industrial Average was trading at 51,164.63, down 15.24 points (0.03%) from the previous trading day. The Standard & Poor's (S&P) 500 index fell within 21.71 points (0.28%).
(Seoul = Yonhap News) Reporter Yoon Jung-won of Yonhap Infomax = The three major stock indices of the New York stock market opened lower due to the impact of rising oil prices.
Wall Street opened in red on Wednesday and its main indicator, the Dow Jones of Industriales, fell by 0.21%, following a further rise in the yield of US Treasury bonds and the price of oil.
Wall Street opened lower today, overshadowed by soaring oil prices and rising bond yields. The Dow Jones fell 0.14%, the S&P 500 0.29%, and the Nasdaq 0.44%. Federal Reserve member Waller's message of "additional interest rate hikes" at the Istanbul Economic Forum further increased market pressure.
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