10-Year Treasury Hits 8-Month High On Job Openings, ISM Services Data; S&P 500 Falls
Job openings unexpectedly jumped, while the ISM services gauge showed accelerating activity. The S&P 500 is lower as the 10-year Treasury yield keeps climbing.
Dow ends down nearly 180 points, Nasdaq tumbles 1.9% as Treasury yields surge after job-openings, ISM services data
U.S. stocks finished lower on Tuesday as Treasury yields spiked after a pair of strong economic reports dampened hopes for aggressive Federal Reserve interest-rate cuts this year. The Nasdaq Composite tumbled 1.
10-year Treasury yield treads water ahead of jobs data, Fed minutes
U.S. Treasury yields were flat early on Wednesday as investors awaited labor market data and the minutes from the Federal Reserve's December meeting.
Treasury Yields, Dollar Rise on JOLTS Data
Treasury yields rise, with the 10-year reaching a nine-month high, and the dollar strengthens after data showing that U.S. job creation remains robust. Openings in November were 8.1 million, up from an upwardly-revised 7.
Treasury yields in a holding pattern ahead of job-openings data
Yields on U.S. government debt were little changed to slightly higher Tuesday morning, with the 30-year rate edging further into its highest level in more than a year, ahead of job-openings data for November.
10-year Treasury yield jumps after economic data points to sticky inflation
U.S. Treasury yields rose on Tuesday after economic data suggested services inflation is proving hard to tame. The 10-year Treasury yield climbed more than seven basis points to 4.693%, and earlier hit an intraday high of 4.
Treasury yields hold steady as investors await fresh economic data
U.S. Treasury yields were little changed on Tuesday as investors awaited data that will provide insights into the state of the economy and the labor market.
US service sector growth picks up; input prices gauge highest in nearly two years
U.S. services sector activity accelerated in December, but a surge in a measure of prices paid for inputs to near a two-year ...
CNBC Daily Open: Renewed inflation worries jolt markets
Investors are so worried about inflation returning that the ISM services index's price reading is sending shock waves through ...
10-year Treasury yield hold near 8-month high as investors fret over stubborn inflation
Treasury yields were little changed in early trading, with the 10-year hovering near its highest since late April. The latest surge in Treasury yields to multi-month peaks had a few factors behind it, ...
Stock market today: Indexes close lower as new data clouds rate cut views
The Nasdaq dropped almost 2% and the S&P 500 lost 1%. Traders see potential for fewer rate cuts this year after the latest ...
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December Services-Sector Expansion Accelerates Above Consensus, ISM Survey Shows
The US services sector expanded faster than expected last month as business activity picked up, according to Institute for Supply Management data released Tuesday. The ISM's purchasing managers' index ...
Material Handling Industry Outlook Is Positive Despite Weak December
Material handling data from the industry group MHI weakened in December compared to November. However, the outlook over the ...
Dollar Rises After Strong U.S. Data. Fed Minutes Could Add to Gains.
The dollar was rising after strong U.S. economic data Tuesday firmed expectations that the Federal Reserve will take a cautious approach to cutting interest rates. U.S. job openings increased to a six ...
Morning Bid: A JOLT of reality for markets
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
Economy gets holiday boost, ISM finds, but businesses worry about tariffs and inflation
The holiday shopping season gave a boost to service-oriented companies in December, but top executives were wary of potential ...