Dow Jones, S&P 500, Nasdaq: Wall Street trading lower – Nvidia shares up
Rising oil prices and increasing yields on US government bonds continue to weigh on sentiment on Wall Street. Investors are waiting for several dates during the trading week.
US stock market indexes fell at the start of the new trading week. The Dow Jones dropped 0.5% to 51,568 points, while the S&P 500 declined 0.3% to 7,718 points and the Nasdaq fell 0.4% to 26,954 points. Oil prices rose around 1% due to US President Donald Trump's rejection of Iran's proposal to reopen the Strait of Hormuz, fuelling inflation concerns. This led to a rise in US Treasury yields, with the 10-year yield reaching over 5.2%, its highest level in nearly two decades, and the 30-year bond yield exceeding 5.5%.
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.
This story
This is one outlet's version. Read the fullest account.
- ASX to open flat ahead of RBA rate call; Wall Street wobbles as bonds spike theage.com.au
- ASX to open flat ahead of RBA rate call; Wall Street wobbles as bonds spike smh.com.au
- Dow Jones, S&P 500, Nasdaq: Wall Street Closes Lower handelsblatt.com
- US Treasury threatens crackdown on Wall Street tax-avoidance strategies ft.com
- Bursa opens lower on Wall Street weakness as rising oil prices, US bond yields weigh malaymail.com
- Bond yields move relentlessly higher, as Wall Street wonders how much more tech stocks can take marketwatch.com
- Asian markets extend losses on Wall Street sell-off and rising yields; RBA hikes rates seekingalpha.com
