mercredi 28 septembre 2022

Dow jumps over 500 points as stocks soar, bond yields slide

  • Dow jumps over 500 points as stocks soar, bond yields slide

    U.S. stocks staged an impressive rally with the Dow Jones Industrial Average, Nasdaq Composite and S&P 500 gaining around 2% as all 11 of the major S&P groups rose led by energy and communication companies. The yield on the 10-year Treasury saw the biggest one day drop since March 2009 to 3.707%. In commodities, oil jumped 4.6% to $82.15 as Hurricane Ian made landfall in Florida.

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Biogen shares soar on Alzheimer’s drug candidate

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Hurricane Ian power outages spike in Florida

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mardi 27 septembre 2022

Stocks end mixed, 10-year Treasury yield nears 4%, Hurricane Ian hits oil

  • Stocks end mixed, 10-year Treasury yield nears 4%, Hurricane Ian hits oil

    U.S. stocks, in a volatile session, ended mixed with the Nasdaq Composite posting modest gains, while the Dow Jones Industrial Average and S&P 500 closed little changed. Consumer staples and utilities fell, while consumer discretionary and energy rose. The yield on the 10-year Treasury hit 3.963%, the highest since April 2010. In commodities, oil jumped over 2% to $78.50 per barrel as traders monitor fast approaching Hurricane Ian.

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Dow jumps over 300 points, Nasdaq, S&P add 1+% as stocks recover

  • Dow jumps over 300 points, Nasdaq, S&P add 1+% as stocks recover

    Investors dipped back into U.S. stocks after the Dow Jones Industrial Average fell into a bear market Monday and as the S&P and Nasdaq Composite hit lowest levels since 2020. In commodities, oil rose over 2% approaching the $78 per barrel level as Hurricane Ian, heading to Florida, threatens to disrupt production.

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lundi 26 septembre 2022

Dow falls over 300 points, closes in bear market

  • Dow falls over 300 points, closes in bear market

    U.S. stocks fell across the board with the Dow Jones Industrial Average officially closing in a bear market, down 20% from its record high close in January. This as the yield on the 10-year Treasury soared to 3.878% - a new 52-week high. In commodities, oil jumped over 2% to the $76 level as Hurricane Ian barrels to Florida.

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Stocks drift lower as week begins, recession fears mount

  • Stocks drift lower as week begins, recession fears mount

    U.S. stocks kicked off the week on a down note as recession fears mount ahead of a round of fresh economic data due this week including the final read on 2Q GDP. Overseas the spiraling British pound added more strength to the U.S. dollar. In commodities, oil ticked up to the $79 per barrel level.

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Dow jumps over 500 points as stocks soar, bond yields slide

Dow jumps over 500 points as stocks soar, bond yields slide U.S. st...