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US stock indices closed mostly lower on Wednesday as a rebound in oil prices limited gains from slower-than-expected PCE inflation. The S&P 500 fell 0.2% and the Dow shed 444 points, while the Nasdaq gained 0.2%. Financials weighed on the Dow and on the S&P 500 as yields remained elevated amid higher oil prices and lit
The S&P/TSX Composite Index edged 0.1% lower to close at 35,706 on Thursday as mining losses and a subdued financial sector weighed on the index. Canada’s 10-year yield reached a three-year high as energy-driven inflation concerns persisted and US Treasury yields soared to multi-decade highs. Crude oil and global yield
* Oil has continued to trend lower during Wednesday's APAC session as talks continue on the sidelines of this week's UN gathering. The fact negotiations are even taking place to facilitate Middle East energy shipments is driving optimism in markets but the situation remains very precarious. UST futures are higher, but
US stock indices closed mixed on Friday as Treasury yields rebounded, rekindling concerns about a deteriorating macroeconomic backdrop. The S&P 500 inched 0.2% higher and the Dow inched 95 points lower, while the Nasdaq added 0.7%. The 10-year yield rebounded as persistent uncertainty over Middle Eastern oil supplies d