U.S. stocks on the move as S&P 500 stays flat
The S&P 500 was flat on Tuesday, with AI-related gains offset by higher government bond yields. Reuters also highlighted several individual stock moves, including Snowflake, Cboe, Oracle and Carnival.
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The S&P 500 was flat on Tuesday, with AI-related gains offset by higher government bond yields. Reuters also highlighted several individual stock moves, including Snowflake, Cboe, Oracle and Carnival.
The benchmark index was little changed as the 10-year Treasury yield rose to 5.078%, near its highest level since 2007. US job openings fell to 7.079 million in August and consumer confidence came in at 81.9, below estimates.
By Shashwat Chauhan and Tharuniyaa LakshmiThe benchmark S&P 500 was flat on Tuesday, as rising government bond yields hurt risk sentiment and offset gains in AI-related stocks driven by optimism about Anthropic's plan to go public.The yield on the benchmark 10-year Treasury bond TVC:US10Y climbed t…
Major Asian, US and European stock indexes were lower, while bonds and the dollar were mixed. The report also showed Brent crude higher and gold at a more than seven-week low.
Major stock indexes fell, with the MSCI world gauge down 0.83%, as oil prices resumed their rise and Treasury yields extended gains. Spot gold dropped 3.5% to a more than seven-week low.