Wall Street closed mostly lower on Tuesday, a day after tumbling into a bear market on worries that high inflation will push central banks to clamp the brakes too hard on the economy.
The S&P 500 slipped 0.4% after another day of unsteady trading. Gains by several big technology companies including Oracle helped send the Nasdaq composite index up 0.2%. The Dow Jones Industrial Average fell 0.5%. Treasury yields climbed again, reaching their highest levels in more than a decade.
Also, one of the more reliable warning signals for an economic recession started blinking again. Treasurys, the IOUs the U.S. government gives to investors who lend it money, are at the center of the investing world. The “yield curve" is a chart showing how much interest different Treasurys are paying. It is watched for clues to how the bond market feels about the long-term outlook for the U.S. economy.
On Tuesday, a closely followed part of the yield curve briefly lit up again for the second time this year.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
S&P sinks to bear market, stock crisis gets worseStock investors are getting crushed as the S&P 500 fell into a fresh bear market and the Federal Reserve debates its options.
Weiterlesen »
Stocks dip deeper into bear market ahead of big Fed newsWall Street closed mostly lower on Tuesday, a day after tumbling into a bear market on worries that high inflation will push central banks to clamp the brakes too hard on the economy.
Weiterlesen »
US crypto stocks close in the red as bear market fears grip equitiesUS stocks enter bear market territory as equities with exposure to cryptocurrencies suffer double whammy.
Weiterlesen »
U.S. Futures Edge Up After S&P 500 Slides Into Bear MarketStock futures inched higher, suggesting U.S. markets were poised for muted gains after a rout Monday that sent the S&P 500 into a bear market.
Weiterlesen »
Why ETFs are a wise choice in a bear marketA bear market is a prolonged period of stock market price declines, typically by 20% or more from its most recent high.
Weiterlesen »
How to survive in a bear market? Tips for beginnersThe bears are out to play, and some traders are new to the game. Do you panic sell, or do you hodl for dear life?
Weiterlesen »