Marketscreener.com on Nostr: Wall Street: initial gains fade as rates rise ========== Wall Street indices ...
Wall Street: initial gains fade as rates rise
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Wall Street indices initially rose but closed lower as interest rates increased. The Dow Jones increased by 0.06% to 37,775, the S&P500 decreased by 0.22% to 5,011, and the Nasdaq Composite lost 0.52% to 15,601. The 10-year yield rebounded by five basis points, approaching five-month highs. Economic data fueled concerns that rates will remain high for longer, with the 'Philly Fed' index climbing 12 points to 15.5 in April and the Conference Board's index of leading indicators falling by 0.3% in March. Sales of existing homes in the US fell by 4.3% between February and March. Netflix's stock fell by 5% after announcing the suspension of quarterly publication of new subscribers and revenue per subscriber from Q1 2025.
#WallStreet #InterestRates #DowJones #S&p500 #NasdaqComposite #EconomicData #'phillyFed'Index #ConferenceBoard'sIndex #SalesOfExistingHomes #Netflix
https://www.marketscreener.com/quote/index/DOW-JONES-INDUSTRIAL-4945/news/Wall-Street-initial-gains-fade-as-rates-rise-46474649/
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Wall Street indices initially rose but closed lower as interest rates increased. The Dow Jones increased by 0.06% to 37,775, the S&P500 decreased by 0.22% to 5,011, and the Nasdaq Composite lost 0.52% to 15,601. The 10-year yield rebounded by five basis points, approaching five-month highs. Economic data fueled concerns that rates will remain high for longer, with the 'Philly Fed' index climbing 12 points to 15.5 in April and the Conference Board's index of leading indicators falling by 0.3% in March. Sales of existing homes in the US fell by 4.3% between February and March. Netflix's stock fell by 5% after announcing the suspension of quarterly publication of new subscribers and revenue per subscriber from Q1 2025.
#WallStreet #InterestRates #DowJones #S&p500 #NasdaqComposite #EconomicData #'phillyFed'Index #ConferenceBoard'sIndex #SalesOfExistingHomes #Netflix
https://www.marketscreener.com/quote/index/DOW-JONES-INDUSTRIAL-4945/news/Wall-Street-initial-gains-fade-as-rates-rise-46474649/