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The 10-year yield climbed above 5.35% on Wednesday, its highest level since April 2002, as oil prices rose alongside bond yields
US stock futures moved slightly lower on Wednesday as investors awaited minutes from the Federal Reserve’s September policy meeting, while corporate developments at SpaceX, Constellation Brands and Levi Strauss were also in focus. At 06:56 GMT, Dow futures were down 108 points, or 0.
The major indexes have risen for several straight sessions.
U.S. stocks pulled back from their record. The S&P 500 slipped 0.2% Wednesday, a day after topping its prior all-time high set in August. The Dow Jones Industrial Average dropped 0.7%, and the Nasdaq composite fell 0.2%. Stocks felt pressure as yields climbed worldwide because of high inflation, ...
SP500 and NASDAQ test new highs as traders stay bullish amid falling Treasury yields.
The US stock market has never been higher, even as the list of challenges chipping away at it keeps growing.
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