menu search

A resilient US labor market proved to be a headwind for stock indices. Norges Bank continued to increase interest rates

A resilient US labor market proved to be a headwind for stock indices. Norges Bank continued to increase interest rates
By JustMarkets At yesterday’s stock market close, the Dow Jones Index (US30) decreased by 0.84%, while the S&P500 Index (US500) lost 0.77%. The NASDAQ Technology Index (US100) closed at negative 1.17% on Thursday. Rising US bond yields pressured stocks after 10-year Treasuries rose to their highest in nearly ten months. A strong labor market coupled with hawkish FOMC minutes gives the […]... Read More
Posted: Aug 18 2023, 13:07
Author Name: investmacro
Views: 102158

Search within

Pages Search Results: