US Stocks: US Market Opens Lower as Bond Yields Climb
11 Articles
11 Articles
The three major New York stock indices opened lower due to factors such as rising U.S. Treasury yields and weak earnings from Walmart. As of 9:50 a.m. local time on the 20th, the Dow Jones Industrial Average on the New York Stock Exchange (NYSE) recorded 53,181.93, down 281.12 points (0.53%) from the previous trading day. The Standard & Poor's (S&P) 500 index fell 17.78 points (0.23%) to 7,690.20,
The Economic Times
Times of IndiaUS stocks: US market opens lower as bond yields climb
Major US stock indexes opened lower on Thursday. Rising government bond yields hurt investor sentiment significantly. Retail giant Walmart reported a rare sales miss, disappointing many. The Dow Jones Industrial Average fell 81.8 points at the open. The S&P 500 and Nasdaq Composite also experienced declines.
Wall St futures muted as bond yields resume climb; Walmart drops after results - Regional Media News
By Avinash P and Purvi Agarwal Aug 20 (Reuters) - U.S. stock index futures were largely subdued on Thursday as government bond yields rebounded after a respite earlier in the week, while markets assessed Walmart's earnings. The retail bellwether dropped 5.8% in premarket trading after missing Wall Street expectations for quarterly comparable sales as shoppers pulled back on spending in the face of rising gas prices. Concerns over elevated oil pr…
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