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2024-05-30 21:02:03

US Stocks Open Higher as Investors Await Key Inflation Data and Big Tech Earnings on Nostr: Global Stocks Sink On Rising Bond Yields and Weak US Growth =============== #76cf07ec ...

Global Stocks Sink On Rising Bond Yields and Weak US Growth
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#76cf07ec ver:1.25

Global stocks sink as rising bond yields and weak US growth weigh on investor sentiment. Asian shares are down, with the Asia Dow, Nikkei, and Hang Seng all experiencing declines. The sell-off has spread to the US market, with Dow Futures and Nasdaq Futures also down. Rising bond yields are making bonds more attractive to conservative investors, leading to higher interest rates and increased borrowing costs for corporations. The combination of elevated inflation and increased debt issuance could push bond yields even higher, exacerbating the stock market correction. Traders and investors are eagerly awaiting US economic data to gain insights into the state of inflation. #StockMarket #BondYields #USGrowth #Inflation...

#newstr #GlobalMarkets #UsGrowth #FederalReserve #InterestRates

https://here.news/story/76cf07ec?ver=1.25
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