Dow Tumbles 400 Points, Posts Three-Day Slide as Rates Jump, Oil Tops $101
Rising Treasury yields and oil prices rattled investors Wednesday, according to CNBC.
The Dow Jones Industrial Average fell about 400 points Wednesday, posting a third straight day of losses as Treasury yields and oil prices rose, CNBC reported.
Brent crude topped $101 a barrel, according to the report.
Sources
- Dow tumbles 400 points, posting 3-day slide as rates jump and Brent crude tops $101 — CNBC — Top News
EGazette summarizes reporting from multiple sources; follow the links for the originals.
Comments
Loading comments…
Related articles
Stock Futures Mixed as Higher Treasury Yields Weigh on Wall Street
US stock futures showed a mixed picture after rising Treasury yields pulled major indexes lower to start the week.
Smart Ring Maker Oura Delays IPO Citing Market Uncertainty
Oura said it is postponing its planned stock market listing despite strong demand, as researchers note the IPO market lost momentum in the third quarter.
Stock Futures Steady After Yields Push Wall Street Lower
U.S. equity futures showed little movement Monday following a session in which rising Treasury yields weighed on stocks, according to CNBC.
How Laddering Treasury Bills Can Boost Returns on Your Cash Holdings
Income-focused investors can earn slightly higher yields on idle cash by staggering purchases of short-term Treasury bills, a strategy known as laddering.
U.S. Homeowners Hold Record Equity but Are Tapping Into It Less
Years of rising home prices have left American homeowners with more housing wealth than ever, yet many are choosing not to borrow against it.
Prediction Market Traders Think U.S. September Jobs Report Will Beat Estimates
Bettors on prediction markets are wagering that the U.S. economy added more jobs in September than Wall Street economists currently forecast.