Yields rise as risk-off sentiment dominates market mood

Published: August 05 2022, 17:00 GMT+0

Yields rise as risk-off sentiment dominates market mood

The trading session is well on its way, the leading indices are slipping — Nasdaq slipping 0.69% and closing at 12,632. S&P 500 drawing back 0.4% to 4,135.42. Dow Jones trades at 32,719 with no major change. European markets are dropping as EuroSTOXX is down by 0.78%, reaching 3,725.39. US yield curve retains balance as bond yields rise across the board the iShares U.S. Treasury Bond ETF declined 1.03% to trade at $24. Many companies in the S&P 500 reporting Q2 results have beaten Wall Street estimates, with Eli Lilly and Company & Alibaba featured this past week. It is…

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