Moving opposite to prices, bond yields ticked higher as stock indices remained flat

Published: August 05 2022, 21:00 GMT+0

Moving opposite to prices, bond yields ticked higher as stock indices remained flat

Before Monday's session: markets completed a mixed session today, while down by 0.5% change, Nasdaq closed at 12,658. Dow Jones ended the session at 32,800 after a 0.23% gain. After dropping 0.16%, S&P 500 closed at 4,145.19. Trading in the US will resume Monday. In the meantime, European markets were down today; EuroSTOXX is down by 0.78%, reaching 3,725.39. US markets were mixed as rising bond yields sparked inflation fears. The iShares U.S. Treasury Bond ETF declined 1% to trade at $24. Earnings season is at its midpoint and most of the companies in the S&P 500 reporting Q2 results…

To continue you need a membership account.Login Subscribe
Back