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

Published: August 05 2022, 22:00 GMT+0

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

Today's broader market activity meant that markets completed a mixed session today, as Nasdaq shed 0.5% and closed at 12,658. Dow Jones ended the session at 32,800 after a 0.23% gain. S&P 500 closed at 4,145.19, a 0.16% change. Trading in the US will continue Monday, meanwhile European markets closed lower today; EuroSTOXX retreats to 3,725.39 (-0.78%). US yield curve retains balance as bond yields rise across the board 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 have…

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