ASX Set to Fall Following Sea of Red on Wall Street
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Wall Street Falls as Oil Surges, Treasury Yields Hit Multi-Year Highs
U.S. stocks closed lower Wednesday as rising oil prices, stronger economic data and climbing Treasury yields increased expectations for another Federal Reserve rate hike, with ... The post Wall Street Falls as Oil Surges, Treasury Yields Hit Multi-Year Highs first appeared on [your]NEWS.
New York indexes closed down under pressure from TreasuresDow Jones, S&P 500 and Nasdaq fall with Treasure at 5.135%, Fed's high bets and tension with Iran
Dow Jones fell 0.68%, to 51,512.42 points; S&P500 fell from 0.75%, to 7,706.03 pots, and Nasdaq fell from 1.13%, closing at 26,936.04 points
The U.S. stock exchanges closed this Wednesday (23) in decline, under pressure from high Treasury revenues, increased expectations of further interest increases by the Federal Reserve (Fed) and the escalation of tensions with Iran. The 10-year Treasury yield reached 5.135% at the peak of the session. According to [...] Post U.S. Stock Exchanges fall with high Treasurys and tension with Iran appeared first in Market Monitor.
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