Stock Market Today: Dow, S&P Live Updates for Nov. 17 – Bloomberg - 24line

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الخميس، 17 نوفمبر 2022

Stock Market Today: Dow, S&P Live Updates for Nov. 17 – Bloomberg

US Treasuries slumped and stocks pared declines as traders recalibrate their expectations in response to the Federal Reserve indicating that it will continue to raise interest rates to tamp down on inflation.

The S&P 500 and the tech-heavy Nasdaq 100 trimmed earlier declines of more than 1%. US 10-year Treasury yields rose after St. Louis Fed President James Bullard said policymakers should increase interest rates to at least 5% to 5.25% to curb inflation. He also warned of further financial stress ahead. 

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