Oddbean new post about | logout
 Wall Street Retreats from Record Highs Amid Rising Treasury Yields
===============	
#f780011f ver:1.02

Wall Street retreats from record highs as rising Treasury yields and soft economic data weigh on stocks. S&P 500 and Nasdaq end their record streaks, while Dow Jones holds gains. Market anticipates new Treasury supply and rate cuts influenced by dovish sentiment from global central banks. Weaker-than-expected economic data suggests higher interest rates are achieving Fed's objectives. European shares boosted by tech and real estate, Swiss equities rally after central bank loosens monetary policy. U.S. Treasury yields initially back away from highs before resuming climb. Dollar gains, sterling falls to five-week low. Crude and gold prices rise. #WallStreet #TreasuryYields #StockMarket #EconomicData #InterestRates #CentralBanks #Dollar #CrudeOil #Gold...

#newstr #WallStreet #TreasuryYields #S&p500 #Nasdaq #DowJonesIndustrialAverage #RateCuts #GlobalCentralBanks #EconomicData #InterestRates #EuropeanShares #Tech #RealEstate #SwissEquities #DollarIndex #Euro #Sterling #UsCrude #Brent #Gold 

 https://here.news/story/f780011f?ver=1.02