US stocks edge up as bond yields hold

Economies.com
2021-03-04 15:49PM UTC

US stock indices held on Thursday, after the release of upbeat economic data, while the US treasury bond yields held.

 

The US Department of Labor unveiled that the unemployment claims were at 745,000 last week, better than forecasts of 750,000.

 

The yield of the US 10-year Treasury held at 1.47% today, after rising to a 1-year high of 1.6% last Friday.

 

Federal Reserve Chairman Jerome Powell's will deliver his remarks about the US economy at an online event later today.

 

As of 15:45 GMT, Dow Jones rose 0.1% or 50 points to 31,320, Nasdaq rose less than 0.1% or 10 points to 13,008, and S&P 500 rose 0.1% or 5 points to 3,824.

American Markets News

Americas News

Markets

Wall Street gains ground as markets await Fed's meeting
2024-03-18 17:28PM UTC
US stock indices advanced on Monday as markets await the important Federal Reserve’s policy ...
Americas News

Markets

US stock indices edge lower following bullish inflation data
2024-03-14 15:28PM UTC
US stock indices declined on Thursday following data that showed producer prices rose unexpectedly ...
Americas News

Markets

Dow Jones is the lone riser as investors assess inflation data
2024-03-13 16:39PM UTC
Dow Jones gained ground on Wednesday as the NASDAQ and S&P 500 both lost ground, with investors ...