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Feb 27, 2021 07:19 AM IST The Dow Jones Industrial Average closed 469.64 points lower, or 1.5%, to 30,932.37, the S&P 500 lost 18.19 points, or 0.48%, to 3,811.15 and the Nasdaq Composite added 72.91 points, or 0.56%, to 13,192.34.
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Feb 26, 2021 08:09 AM IST The benchmark 10-year Treasury yields hit a one-year high of 1.614%, prompting investors concerned about rich valuations to lock in profits on some high-flying growth stocks.
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Feb 25, 2021 10:55 PM IST The benchmark 10-year Treasury yields hit a one-year high of 1.45 percent, prompting investors to lock in profits on some high-flying growth stocks due to concerns over heightened valuations.
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Feb 25, 2021 03:55 PM IST Brent crude futures for April gained 33 cents, 0.49 percent, to $67.37 a barrel by 0925 GMT, while US West Texas Intermediate crude for April was at $63.45 a barrel, up 23 cents, 0.36 percent.
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Feb 25, 2021 07:34 AM IST The Dow Jones Industrial Average closed up 424.51 points, or 1.35%, to 31,961.86, the S&P 500 gained 44.06 points, or 1.14%, to 3,925.43 and the Nasdaq Composite added 132.77 points, or 0.99%, to 13,597.97.
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Feb 24, 2021 10:17 PM IST Tech stocks are particularly sensitive to rising yields as their value rests heavily on future earnings, which are discounted more deeply when bond returns go up.
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Feb 24, 2021 08:31 PM IST The selloff has even engulfed Europe, despite its lagging recovery and weak inflation, with Germany posting a 26 bps real 10-year yield increase last week -- the biggest in almost a year.
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Feb 24, 2021 08:20 PM IST The Nasdaq Composite dropped 64.9 points, or 0.48 percent, to 13400.254 at the opening bell, falling for six out of the last seven sessions.
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Feb 24, 2021 07:20 AM IST The Dow Jones Industrial Average rose 15.66 points, or 0.05%, to 31,537.35, the S&P 500 gained 4.87 points, or 0.13%, to 3,881.37 and the Nasdaq Composite dropped 67.85 points, or 0.5%, to 13,465.20.
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Feb 24, 2021 01:14 AM IST Electric car doyen Tesla, which raced up 750 percent in last year's frenzy, skidded into the red for 2021 on Tuesday, hit by a selloff of tech stocks and a plunge in Bitcoin, in which the carmaker recently invested $1.5 billion.
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Feb 23, 2021 08:30 PM IST The Dow Jones Industrial Average fell 19.8 points, or 0.06 percent, at the open to 31501.89.
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Feb 23, 2021 04:47 PM IST The Fed has relied on tweaks to IOER, which is what it pays banks for reserve balances, and to rates in its overnight reverse repurchase agreement (repo) facility in the past to keep the fed funds rate inside of its target band.
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Feb 23, 2021 07:22 AM IST The Dow Jones Industrial Average ended 27.37 points higher, or 0.09%, to 31,521.69, the S&P 500 lost 30.21 points, or 0.77%, to 3,876.5 and the Nasdaq Composite dropped 341.42 points, or 2.46%, to 13,533.05.
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Feb 22, 2021 08:11 PM IST The Dow Jones Industrial Average fell 113.2 points, or 0.36 percent, at the open to 31381.12.
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Feb 22, 2021 06:58 PM IST Bonds have been bruised by the prospect of a stronger economic recovery and greater borrowing as President Joe Biden's $1.9 trillion stimulus package progresses.
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Feb 22, 2021 02:00 PM IST Spot gold rose 0.5 percent to $1,791.50 per ounce by 0733 GMT, having touched its lowest since July 2 at $1,759.29 on Friday. US gold futures gained 0.6 percent to $1,787.70.
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Feb 20, 2021 07:55 AM IST The Dow Jones Industrial Average edged up 0.98 points, or 0%, to 31,494.32 and the Nasdaq Composite added 9.11 points, or 0.07%, to 13,874.46. The S&P 500 dropped 7.26 points, or 0.19%, to 3,906.71.
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Feb 19, 2021 08:31 PM IST Small-company stocks rose far more than the rest of the market, as they have done since the beginning of the year.
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Feb 19, 2021 07:29 AM IST The Dow Jones Industrial Average fell 119.68 points, or 0.38%, to 31,493.34, the S&P 500 lost 17.36 points, or 0.44%, to 3,913.97 and the Nasdaq Composite dropped 100.14 points, or 0.72%, to 13,865.36.
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Feb 18, 2021 08:30 PM IST U.S. stock indexes hit record highs at the beginning of the week but gradually retreated following a rise in treasury bond yields, which led to fears of higher inflation.
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Feb 18, 2021 08:12 PM IST Global debt today stands at $281 trillion, according to the Institute of International Finance, versus $210 trillion in 2013. Companies and households too owe significantly more.
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Feb 18, 2021 07:19 AM IST Technology shares led losses on the S&P 500 and Nasdaq. Apple Inc, PayPal Holdings Inc and Nvidia Corp weighed most on both indexes.
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Feb 17, 2021 08:28 PM IST The Dow Jones Industrial Average fell 37.1 points, or 0.12 percent, at the open to 31485.61.
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Feb 17, 2021 04:31 PM IST The gap between 10-year and two-year US yields also reached its widest in nearly three years in anticipation of short-term rates going nowhere.
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Feb 17, 2021 07:43 AM IST The Dow Jones Industrial Average rose 64.35 points, or 0.2%, to close at 31,522.75, the S&P 500 lost 2.24 points, or 0.06%, to finish at 3,932.59 and the Nasdaq Composite dropped 47.98 points, or 0.34%, to end at 14,047.50.