S&P 500 and Nasdaq Retreat as Treasury Yields Hit Multi-Month Highs
5 Articles
5 Articles
Stocks take a breather after oil spike, Nvidia in focus
U.S. stocks fell Friday as rising oil prices and Treasury yields ended Wall Street’s AI-driven rally, with the S&P 500 dropping 1.24% and the Nasdaq down 1.54%. The S&P 500 still posted a 0.1% weekly gain, but the Russell 2000 slid 2.4%. April consumer prices rose 0.6%, the largest annual gain since May 2023. Investors now see a 60% chance of a Fed rate hike by January. The post Stocks take a breather after oil spike, Nvidia in focus appeared fi…
U.S. stocks fell this Friday, offset by losses in technological stocks and increased yields on Treasury bonds, following the conclusion of the summit between President Donald Trump and his Chinese pair Xi Jinping, which left investors concerned about the lack of significant political advances. The S&P 500 fell by 1.24% to close at 7,000 408.50 units, while the Nasdaq Composite backed back 1.54% to 26 thousand 225.14 points. The Dow Jones lost 53…
Wall Street closed with heavy losses on Friday after a new surge in oil prices and a global bond settlement fueled the fear that inflation will remain high for longer and force central banks to harden their monetary policy again.See more: JPMorgan sees Latin America as a haven against the AI boom: its country-by-country strategyS&P 500 fell 1.24%, while Nasdaq retreated 1.54% dragged by technology and semiconductor companies, in a session marked…
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