Correction Up
On Thursday, the S&P 500 and the Nasdaq experienced subdued trading as rising Treasury yields put pressure on stock prices. This occurred while investors analyzed remarks from Federal Reserve officials to gauge the future direction of interest rate cuts. Recent data revealed that the number of new unemployment benefit claims in the U.S. remained at low levels last week, indicating ongoing strength in the labor market. Following this report, yields on U.S. Treasury 10-year notes climbed, reaching 4.6223%.
Looking ahead, if Treasury yields continue to rise, equity markets may face further challenges. Investors will likely keep a close eye on upcoming economic data and Fed communications to better understand the potential impact on interest rates and stock market dynamics.
Looking ahead, if Treasury yields continue to rise, equity markets may face further challenges. Investors will likely keep a close eye on upcoming economic data and Fed communications to better understand the potential impact on interest rates and stock market dynamics.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.