
Rising Treasury yields and inflation fears drove a broad selloff, leaving the S&P 500 down nearly 2% for the week
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Rising Treasury yields and inflation fears drove a broad selloff, leaving the S&P 500 down nearly 2% for the week

One booming corner of Wall Street could pressure everything else.

The market sold off Thursday after Treasurys retreated from Wednesday’s rally, oil prices rose and Walmart, a component of all three major indexes, fell more than 9%, according to Jay Hatfield, chief executive at Infrastructure Capital Advisors.

FINANCE U.S. stocks fell Thursday as the brief calm in the bond market evaporated. Treasury yields climbed back toward recent highs and weak results from Walmart raised fresh concerns about the health of American consumers.

Aug 20 (Reuters) - The main U.S. indexes opened lower on Thursday as a rebound in government bond yields hurt sentiment, while retail bellwether Walmart's rare sales miss disappointed investors.

Promising news from a major drug company, reports of some dovish Fed committee members, and a government bond buyback announcement combined forces to boost markets on Wednesday. The S&P 500 and the Nasdaq Composite also closed up 0.2%. The Treasury Department’s announcement this morning also helped calm the bond market—though for how long remains to be seen after the U.S. debt crossed a $40 trillion threshold on Wednesday.

<body><p>VIDEO SHOWS: n/a</p><p>STORY: Wall Street's main indexes closed modestly higher on Wednesday, with the Dow, S&P 500 and the Nasdaq all adding less than a quarter of a percent.</p><p>Risk appetite got a boost from easing government bond yields. The yield on the 30-year Treasury bond fell a day after hitting its highest level since 2007. The 10-year Treasury yield also fell. The moves came after the U.S. Treasury announced it would double the size of liquidity support buyback operations for longer-dated bonds.</p><p>Adam Coons is chief investment officer at Winthrop Capital Management.</p><p>"Stocks are, you know, marginally up today. And that's really just driven by the digestion of this yield curve control. You're seeing interest rates come down, in particular long end (long-term rates) quite a bit. And so you're probably going to see markets try to use their crystal ball to determine what's coming next. And so I would expect volatility. Today seems like a day of rest to some degree. But I would say that volatility and increased volatility heading into, you know, changes in Fed policy should be the new expectation."</p><p>Investors, however, barely reacted to minutes from the Federal Reserve's July meeting, which showed deepening concern about inflation with "several" policymakers ready to raise interest rates. "Many" said a rate hike would be needed if inflation does not lower to the central bank's 2% target.</p><p>:: Archive</p><p>Stocks on the move Wednesday included Moderna which surged almost 177% after the company said its personalized mRNA cancer therapy developed with Merck cut the risk of melanoma recurrence and spread in a late-stage trial. Merck shares also jumped about 12.5% and it was the biggest gainer in the Dow.</p><p>::Marvell Technology</p><p>Shares of Marvell Technology climbed nearly 10% after the company said it will help develop Google's in-demand custom chips and has offered the search giant the right to buy a potential $12.2 billion stake.</p><p>And shares of Target rose more than 4% after the retailer raised its annual sales forecast. Lowe's shares gained even after it trimmed its annual sales growth forecast and Estée Lauder shares jumped more than 16% after the cosmetics maker forecast annual profit above Wall Street estimates.</p></body>

By Karen Brettell and Iain Withers NEW YORK, Aug 19 (Reuters) - Longer-dated global bond yields retreated from multi-decade highs, the dollar tumbled and gold jumped on Wednesday after the U.S.

U.S. stocks are higher this morning after yesterday’s tech and bond selloff. The Nasdaq was up 0.2%, while the Dow Jones Industrial Average and S&P 500 rose 0.5%. Here's what is driving the markets today: Treasury buybacks: U.
US equity futures were mostly flat pre-bell Wednesday as traders awaited the Federal Reserve's polic

Chip stocks were flat premarket and Nasdaq futures edged higher after the sharp rise in borrowing costs added to an AI-related selloff, dragging on blue-chip indexes across Asia.

Fabrinet just served up strong quarterly results. So why did the stock get crushed?

U.S. stocks fell as a worldwide bond selloff pushed long-term yields to their highest levels in years.

MARKETS PM NEWSLETTER This is an edition of the Markets P.M. newsletter, a recap of the day’s most important markets moves, delivered after the closing bell. If you’re not subscribed, sign up here. What Happened in Markets Today The 30-year U.

U.S. stocks are trading lower today. The Nasdaq is down 1.4%, the Dow Jones Industrial Average is off 0.1% and the S&P 500 is down 0.6%. Here is what is driving the markets today: Worldwide bond selloff: An accelerating bond selloff in recent days has pushed some Treasury yields to levels not seen since 2007.

Aug 18 (Reuters) - Wall Street's main indexes opened lower on Tuesday, as diminishing prospects for a peace deal between the U.S. and Iran kept oil prices elevated and government bond yields at multi-

U.S. futures slipped and chip stocks were on track to open lower, with Micron Technology and Applied Materials both down more than 3% premarket.

No matter what Kevin Warsh and the Federal Open Market Committee (FOMC) do, they won't appease everyone.
US stock futures fell on Tuesday as rising tensions between the US and Iran revived inflation concerns, with elevated oil prices adding pressure.
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