Straits Times Index
3,287.75 -5.38 (-0.16%) S&P 500
5,048.42 -23.21 (-0.46%) Dow
38,085.80 -375.12 (-0.98%) Nasdaq
15,611.76 -100.99 (-0.64%) Bitcoin USD
64,895.46 +776.04 (+1.21%) CMC Crypto 200
1,398.50 +15.93 (+1.15%)
CBOE Interest Rate 10 Year T No (^TNX)
| Previous close | 4.6520 |
| Open | 4.6580 |
| Volume |
| Day's range | 4.6250 - 4.7370 |
| 52-week range | 3.2960 - 4.9970 |
| Avg. volume | 0 |
Yahoo FinanceStocks are sending mixed signals, but investors shouldn't 'lose faith now': Morning Brief
Investors face mixed signals from Wall Street — as well as a historical calendar that suggests some chop might be around the corner.
- Reuters
US STOCKS-Wall St loses over 1% amid fading rate-cut hopes
U.S. stocks slumped on Thursday as most megacaps fell after Meta Platforms' quarterly results, while sentiment was shaken amid signs of persistent inflation that dampened hopes of the Federal Reserve easing monetary policy anytime soon. Meanwhile, U.S. economic growth slowed more than expected in the first quarter, but an acceleration in inflation suggested that the Fed would not cut interest rates before September.
Barrons.comThe Next Level to Watch on Treasury Yields
The yield on a 10-year Treasury note, an economic indicator, has climbed to its highest level in a year on the back of strong inflation and labor market data. The release of personal consumption expenditure data on Friday could decide the next move in yields.
