Wall Street set for lower open as oil jumps
US stocks were on track for a lower open on Thursday, with oil prices surging and Treasury yields near multi-year highs raising inflation concerns ahead of earnings season.
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US stocks end slightly lower as bond yields hold near multi-decade highs
The Dow, S&P 500 and Nasdaq Composite all finished lower as 10-year Treasury yields hit their highest since June 2007 and 30-year yields since June 2002. The Conference Board said US consumer confidence plunged to a nearly 12-1/2-year low in September, while CarMax rose and Fair Isaac fell 26.5%.
US stocks end slightly lower as 10-year yield hits 2007 high
The S&P 500, Nasdaq and Dow all finished lower as the 10-year Treasury yield rose to 5.293%, its highest since June 2007. JOLTS job openings fell and consumer confidence dropped to a nearly 12-1/2-year low.
Wall Street set to open lower as oil spikes after Trump rejects Iran peace proposal
Dow, S&P 500 and Nasdaq 100 E-minis were down before the open, while crude rose about 2%-3% and Treasury yields climbed. Nvidia rose after announcing a $150 billion share repurchase authorization; PCE inflation and payrolls are due this week.