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Reuters market wrap says U.S. indexes were mixed, with the Nasdaq down about 0.9% and the S&P 500’s communication services sector weakest. It also noted the U.S. 10-year Treasury yield rose to about 5.26%, while Bitcoin fell more than 1% and gold slid about 4%.
Main US indexes red; Nasdaq off >1% Comm Svcs weakest S&P 500 sector; energy leads gainers Euro STOXX 600 Index up ~0.3% Dollar gains; US crude up >3.5%; bitcoin down ~1,5%; gold slides ~4% US 10-year Treasury yield rises to ~5.26% Welcome to the home for real-time coverage of markets brought to you by Reuters reporter
S&P 500 off about 0.4% early Monday as U.S. crude rises and the 10-year Treasury yield briefly reaches 5.2382%, its highest since June 2007.
US STOCKS FEEL THE HEAT AS OIL AND YIELDS CLIMBUS stocks are under pressure early Monday after President Donald Trump's rejection of an Iranian proposal to end the conflict sent crude prices sharply higher, reviving inflation concerns and pushing Treasury yields to fresh highs.The initial market re…