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

Published: August 06 2022, 03:00 GMT+0

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

Yesterday's trading session saw to it that markets completed a mixed session yesterday, while Nasdaq closed at 12,658, a 0.5% change. 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. US trading will resume Monday. European markets closed lower yesterday; 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 have beaten…

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