S&P 500: Higher yields weigh on equities – Deutsche Bank
Deutsche Bank analysts report that the strong US CPI data and hawkish Fed commentary sparked a selloff in US Treasuries and pressured US equities. The S&P 500 slipped as investors priced faster hikes, with Tech and AI-linked names underperforming initially. However, a revenue beat and upgraded guidance from CoreWeave later supported futures, pointing to some recovery in the S&P 500.
We haven't written up this one. FXStreet has the full story — the link below goes straight to it.
This story
This is one outlet's version. Read the fullest account.
- Deutsche Bank Brings Crypto Custody Service Online pymnts.com
- Deutsche Bank launches crypto custody for companies and institutions cointelegraph.com
