Stocks Fall Again as Iran Tensions Drive Oil Higher, Yields Surge
Long-dated Treasury selling pushed yields near multi-decade highs, while higher oil prices added to inflation worries and weighed on equities, analysts said.
- On Tuesday, U.S. stocks fell as the 30-year Treasury yield hit 5.32%, its highest level since 2007, while the Dow Jones Industrial Average lost 272.63 points amid rising long-term yields.
- President Donald Trump ruled out extending the 60-day Iran ceasefire and threatened Oman with military action, fueling energy market anxiety and pushing Brent crude futures above $90 a barrel.
- Investors are monitoring quarterly results from retail titans Walmart, Home Depot, and Target for consumer spending trends, with Home Depot reporting net sales of $47.9 billion before Tuesday's open.
- An European Central Bank paper warned that a correction in AI valuations is likely, though Anthropic posted $11.5 billion in revenue for the second quarter, signaling continued sector strength.
- Long-Term Treasury yields look likely to push toward 5.60% as Cleveland Federal Reserve President Beth Hammack warned bringing inflation under control may require more than one rate hike.
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KRDOBy John Towfighi, CNN The concerns of investors over a number of factors, from inflation to high public deficits, are driving a massive sale in global bond markets, which is a headache for economic policy makers and raises the borrowing costs for governments and consumers. Returns rise when bond prices fall. Investors are selling bonds, which lowers their prices and raises their yields: U.S. Treasury bond yields to 30 years reached 5.34 percent …
The three major New York stock indices opened lower across the board on the 18th (local time). It appears that the market was weighed down by U.S. Treasury yields rising for consecutive days, with the 30-year yield hitting a record high since 2007. As of 10:37 a.m. on the New York Stock Exchange (NYSE), the Dow Jones 30 Industrial Average was trading at 53,393.66, down 66.12 points (0.12%) from the previous close. Standard & End
US Stocks: US market opens lower as Iran stalemate lifts oil, yields
On Tuesday morning, major indexes on Wall Street experienced a downward trend as oil prices remained high due to falling hopes for a peace agreement between the U.S. and Iran. Additionally, government bond yields lingered near multi-year highs. The Dow Jones Industrial Average registered a drop of 105.3 points at the outset, and both the S&P 500 and Nasdaq Composite followed suit with declines.
US stock markets moved lower yesterday as investors reacted to rising oil prices and rising bond yields.
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