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Indexes: Dow up 0.02%, S&P down 0.08%, Nasdaq down 0.12% Citigroup, Johnson & Johnson slip despite higher profits Chip stocks drop as Chinese competition fears mount (Updates after markets open) By Tharuniyaa Lakshmi and Purvi Agarwal Oct 13 (Reuters) — Wall Street's main indexes were muted in choppy trading on Tuesday
Gold began the Asian trading session subdued as elevated bond yields counteracted a slight decrease in expectations for interest rate hikes. The 10-year Treasury yield reached a new high overnight, increasing the cost of holding non-yielding assets like gold.
Global equity markets experienced a mixed session on Friday, with gains on Wall Street partially offsetting losses in Europe. Bond yields continued to climb, with US 10-year Treasury yields topping 5%, while currency markets saw the dollar strengthen against the yen. Spot gold and Brent crude prices showed modest movem