• Wall St. drops as Treasury yields surge

    3 monthes ago - By Reuters

    A surge in U.S. government bond yields to their highest level in almost seven years sent Wall Street shares sliding on Tuesday after strong retail sales data stoked inflation concerns and investors fretted about looming trade talks between the United States and China.
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  • Mortgage rates on the rise

    3 monthes ago - By CNBC

    CNBC's Diana Olick reports on the jump in 10-year Treasury yields affecting mortgage rates.
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  • How major US stock indexes fared Tuesday

    3 monthes ago - By Chron

    Stocks closed lower Tuesday, breaking an eight-day winning streak for the Dow Jones industrial average.
    The broad sell-off followed a slump in bond prices, which sent the 10-year Treasury yield to its highest level in almost seven years. Technology and health care sector companies took some of the worst losses. Homebuilders also fell.
    On Tuesday:
    The S&P 500 index fell 18.68 points, or 0.7 percent, to 2,711.45.
    The Dow lost 193 points, or 0.8 percent, to 24,706.41.
    The Nasdaq composite dropped 59.69 points, or 0.8 percent, to 7,351.63.
    The Russell 2000 index of smaller-company stocks...
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  • Home Depot, Newmont Mining and D.R. Horton skid

    3 monthes ago - By Chron

    NEW YORK - Stocks that moved substantially or traded heavily Tuesday:
    KeyCorp., up 31 cents to $20.47
    Financial firms jumped as bond yields rose to their highest levels in almost seven years.
    Home Depot Inc., down $3.10 to $187.98
    The home improvement retailer reported weak sales in the first quarter and its second quarter got off to a slow start.
    Newmont Mining Corp., down 88 cents to $39.51
    The prices of gold and other metals tumbled Tuesday as the dollar got stronger.
    Clorox Co., down $1.64 to $117.40
    Big dividend payers like consumer goods makers slumped as bond yields increased.
    D.R...
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  • Stocks slide as 10-year Treasury yield surges to its highest level since 2011

    Stocks slide as 10-year Treasury yield surges to its highest level since 2011

    3 monthes ago - By Business Insider

    Stocks fell on Tuesday, with the Dow Jones industrial average closing in the red for the first time in eight sessions, as bond yields spiked to multi-year highs on the back of strong economic data and as the US entered another round of trade talks with China. The dollar rose against its major peers.
    Here's the scoreboard:
    Dow Jones Industrial Average : 24,705.80 -193.61
    S&P 500 : 2,711.24 -18.89
    AUD/USD : 0.7471 -0.0054
    ASX 200 SPI futures: 6,093.5 -29.0
    The North Korean government reportedly threatened to cancel high-stakes talks with the Trump administration because of joint US-South...
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  • Wall St. ends down; Dow snaps eight-day winning streak

    3 monthes ago - By Reuters

    NEW YORK - U.S. stocks fell on Tuesday, and the Dow snapped an eight-day winning streak, after bond yields rose, strong retail sales data stoked inflation concerns and investors fretted about looming trade talks between the United States and China.
    Read more ...

     

  • Stocks slide as 10-year Treasury yield surges to its highest level since 2011

    Stocks slide as 10-year Treasury yield surges to its highest level since 2011

    3 monthes ago - By Business Insider

    Stocks fell on Tuesday, with the Dow Jones industrial average closing in the red for the first time in eight sessions, as bond yields spiked to multi-year highs on the back of strong economic data and the US entered another round of trade talks with China. The dollar rose against its major peers.
    Here's the scoreboard:
    Dow Jones Industrial Average : 24,705.80 -193.61
    S&P 500 : 2,711.24 -18.89
    AUD/USD : 0.7471 -0.0054
    ASX 200 SPI futures: 6,093.5 -29.0
    The North Korean government reportedly threatened to cancel high-stakes talks with the Trump administration because of joint US-South...
    Read more ...