New York Stocks Fall on Middle East Instability and Surging U.S. Treasury yields... Nasdaq Down 1.3%
4 Articles
4 Articles
The three major New York stock indices all closed lower. This was due to concentrated selling on interest-rate-sensitive semiconductor and technology stocks, as tensions surrounding the Middle East escalated again amid the deadlock in U.S.-Iran negotiations; consequently, not only did global markets rise, but U.S. Treasury yields also surged. On the 18th (local time), at the New York Stock Exchange (NYSE), the Dow Jones 30 Industrial Average fel…
New York Stocks Fall on Middle East Instability and Surging U.S. Treasury yields... Nasdaq Down 1.3%
(New York = Yonhap News) Correspondent Kim Yeon-sook = On the 18th (local time), the three major indices of the New York stock market all... due to the impact of instability in the Middle East and a surge in U.S. Treasury yields.
[Digital Daily Reporter Lee Sang-il] On the 18th (local time), the three major New York stock indices fell across the board. This was due to the combined impact of instability in the Middle East and a surge in U.S. Treasury yields. International oil prices rose for the third consecutive day for the same reason. On this day, the Dow Jones 30 Industrial Average closed at 53,343.40, down 116.38 points (0.22%) from the previous close. The Standard …
On Monday, the 17th, the Dow Jones Industrial Average continued its decline in the New York Stock Exchange, closing down 272.63 points from the previous week at 53,459.78. Selling orders dominated due to concerns over rising oil prices stemming from escalating tensions in the Middle East.
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