Dow, S&P 500, Nasdaq: Wall Street opens 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 indexes have opened the last trading day of the week with gains, shrugging off rising US bond yields, high oil prices, and geopolitical crises. The Dow-Jones index opened 0.6% higher at 53,045 points, while the S&P 500 and Nasdaq also saw slight gains. The yield on 30-year US Treasury bonds has risen to 5.25%, its highest level since 25 years, driven by factors including the blockade of the Strait of Hormus and concerns over US debt, which has exceeded $40 trillion.
Meanwhile, oil prices continue to rise, with Brent crude up over 5% since Monday to $93 per barrel, and Bitcoin and gold have gained value, with the cryptocurrency trading at around $78,000 and gold at $4,560 per ounce.
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.
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