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Tech stocks got slammed because economic data sparked a jump in bond yields
“Markets started the morning in stride until a pair of economic releases sent yields to the nosebleeds and equities to the basement,” said Jose Torres, senior economist at Interactive Brokers, in a note.
10-year Treasury yield jumps after economic data points to sticky inflation
U.S. Treasury yields rose on Tuesday after economic data suggested services inflation is proving hard to tame. The 10-year Treasury yield climbed more than seven basis points to 4.693%, and earlier hit an intraday high of 4.
10-year Treasury yield edges higher ahead of jobs data, Fed minutes
The yield on the benchmark 10-year Treasury climbed more than two basis points to 4.71%. The 2-year Treasury yield was less than one basis point higher at 4.304%. Yields and price
Treasury yields hold steady as investors await fresh economic data
U.S. Treasury yields were little changed on Tuesday as investors awaited data that will provide insights into the state of the economy and the labor market.
7h
on MSN
Stock market today: World shares are mixed after Wall St slumps despite strong US economic data
Global shares were mixed on Wednesday after shares slumped on Wall Street despite better-than-expected reports on the U.S.
19h
Bitcoin Drags Crypto Lower on Strong U.S. Economic Data
The better-than-expected news caught crypto investors unprepared, leading to $457 million in long positions being liquidated ...
21h
on MSN
Stock market today: Indexes close lower as new data clouds rate cut views
The Nasdaq dropped almost 2% and the S&P 500 lost 1%. Traders see potential for fewer rate cuts this year after the latest ...
2h
on MSN
Wall St slips as investors assess data, report of Trump's economic emergency
U.S. stocks dipped on Wednesday, as uncertainty prevailed on Wall Street after the release of two sets of jobs data and a ...
19h
Materials Down After Strong Economic Data -- Materials Roundup
Producers of metals and other raw materials slid after strong economic data was seen as diminishing odds of another rate cut.
Journalist's Resource
18h
If you report on the US economy, get to know these 8 data sources
We spotlight 8 free data sources journalists can use to report on economic issues ranging from GDP and inflation to economic ...
1d
Oil prices ease as weak economic data offsets higher US winter storm heating demand
Oil prices eased in volatile trade on Monday as some bearish economic news from the United States and Germany offset bullish ...
decrypt
1d
Bitcoin, Dogecoin and Solana Plunge as Jobs Data, Rate Cut Expectations Spook Investors
Crypto prices are plummeting early Tuesday amid rough economic data, with Bitcoin falling under $98,000 after topping $100K ...
9d
Economic Forecast For 2025 And Beyond: Growth With Continued Inflation
The economy will grow but at a slower pace than 2024. Inflation will remain above the Fed's target, with Trump’s policies ...
1d
Most Gulf markets gain ahead of US economic data
Most Gulf stock markets ended higher on Tuesday as investors awaited a slate of U.S. economic data this week that will feed ...
8h
Wall St set for flat open as investors assess data, Trump economic emergency report
(Reuters) - Wall Street's main indexes were set for a subdued open on Wednesday, as investors digested softer-than-expected jobs data and took stock of a report that said President-elect Donald Trump ...
21h
Dow Jones Today: Stocks Slide as Treasury Yields Rise After Economic Data; Nvidia Leads Tech Shares Lower; Bitcoin Plunges
Stocks closed sharply lower Tuesday, after retreating from early-session gains, as Treasury yields rose following the release ...
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