Straits Times Index
3,314.05 +0.57 (+0.02%) S&P 500
5,308.13 +4.86 (+0.09%) Dow
39,806.77 -196.82 (-0.49%) Nasdaq
16,794.88 +108.91 (+0.65%) Bitcoin USD
69,073.34 +2,883.46 (+4.36%) CMC Crypto 200
1,467.01 +112.60 (+8.31%)
CBOE Interest Rate 10 Year T No (^TNX)
| Previous close | 4.4200 |
| Open | 4.4220 |
| Volume |
| Day's range | 4.4200 - 4.4550 |
| 52-week range | 3.3450 - 4.9970 |
| Avg. volume | 0 |
Barrons.comStocks Are Holding Steady After Dow Crosses 40,000
The Dow was struggling to hold onto its 40,000 milestone to start the day on Monday. The Dow Jones Industrial Average was down 23 points, or 0.1% in early Monday trading. The Nasdaq Composite was up 0.2%.
Barrons.comGameStop, DJT, Bitcoin Show What the Meme Rally Is Really About, and 5 Other Things to Know Today
Stocks such as AMC and GameStop are skyrocketing, completely divorced from news about the companies. Funds such as Citron Research and Melvin Capital lost billions in the last meme-stock frenzy. One of the reasons GameStop and AMC, along with the now-defunct Bed Bath & Beyond, became meme stocks in 2021 was out of nostalgia for their old-fashioned bricks-and-mortar existence in the face of Covid-19 pandemic restrictions.
- Reuters
TREASURIES-U.S. 10-year Treasury yield drops to one-month low ahead of CPI data
The benchmark 10-year U.S. Treasury yield dropped to its lowest in a month on Wednesday ahead of the release of closely watched U.S. inflation data. The 10-year Treasury yield dropped to as low as 4.418%, its lowest since April 10, and was last down 2 basis points at 4.424%. U.S. consumer price data is due at 1230 GMT and will drive near-term Federal Reserve policy, and hence Treasuries.
