Yields rise as risk-off sentiment dominates market mood

Published: August 05 2022, 19:00 GMT+0

Yields rise as risk-off sentiment dominates market mood

With the trading session drawing to a close, the leading indices are pointing down — Nasdaq trades at 12,600 after losing 0.98%. S&P 500 slipping 0.56% and closing at 4,128.65. Dow Jones is relatively flat, trades at 32,700. European markets are dropping as EuroSTOXX is down by 0.78%, now at 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 and Alibaba featured this past week….

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