Dow Jones, S&P 500, Nasdaq: Wall Street trading mixed – indexes searching for direction
While Bitcoin and gold are gaining interest from investors, the dollar is increasingly losing value. For this to change, the stock exchanges need a signal.
US stock market indexes have started the last trading day of the week with minimal changes. The Dow-Jones index is up 0.6% at 53,045 points, while the S&P 500 and Nasdaq indexes are almost unchanged at 7,660 and 26,112 points respectively. US bond yields have reached their highest level in 25 years, with 30-year government bond yields exceeding 5% at a recent auction.
The yield increase is attributed to factors including high oil prices, driven by the blockade of the Strait of Hormus, and concerns over US debt, which has surpassed $40 trillion.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
