Wall Street Drifts Lower as 30-Year Yield Presses Its 52-Week High
Major indexes drift lower while Treasury yields grind toward 52-week highs, gold holds near $4,450, and Bitcoin reclaims $63K.
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Major indexes drift lower while Treasury yields grind toward 52-week highs, gold holds near $4,450, and Bitcoin reclaims $63K.
Wall Street closed lower Friday as Treasury yields climbed and oil firmed near 2, with retail earnings and the 10-year yield in focus for the week ahead.
Stocks slipped modestly Friday while Treasury yields climbed and crude oil pushed past $82, with gold extending its summer rally near $4,437.
The Nasdaq led Wall Street higher Thursday as chips regained footing, while oil climbed past $82 and gold cooled from its record run.
Tech led a quiet comeback as semiconductors rebounded, while gold eased from record highs and Treasury yields drifted lower.
All three major indexes slipped on Monday in a sleepy August session, but the VIX dropped to 15.28 suggesting no real alarm. Gold held near ,448 while oil climbed to 3.91.
Markets took a breather Tuesday with all three major indexes posting modest losses, while Treasury yields ticked higher and gold extended its rally. Here's what the data tells us about where markets are headed next.
Wall Street found its footing Thursday after a surprise July jobs loss. The S&P 500, Nasdaq, and Dow all closed higher as Treasury yields ticked lower. Here's what moved markets — and what to watch this week.
Tech stocks powered the Nasdaq to a 1.24% gain while the Dow dropped 312 points. Gold surged to $4,399.70, nearing the $4,400 milestone. Oil held flat, Bitcoin slipped, and Treasury yields edged lower.