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Stock Market

Stocks, Treasury yields retreat amid mixed earnings, economic data

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., October 23, 2023. REUTERS/Brendan McDermid/File Photo Acquire Licensing Rights10-yr Treasury yields pull back from 5%U.S., European and Asian stocks all fallECB hold rates as expected, but euro little affectedDollar climbs above 150 yen, dollar index ticks upOil slips, gold near five-month highOct 26 (Reuters) - Shares around the world fell and U.S. Treasury yields retreated on Thursday as investors digested mixed U.S. economic and corporate signals.The U.S. economy grew faster than expected in...
Banking

Stocks mixed as Wall St eyes elevated Treasury yields, earnings

Treasury yields retreat after crossing 5%Global, Wall Street stocks mixed ahead of earningsOil down 2% on continued Middle East turmoilOct 23 (Reuters) - The benchmark U.S. Treasury yield on Monday pulled back after crossing 5% - a 16-year high - but stock indices were mixed and oil slipped amid continued fighting between Israel and Hamas.Higher bond yields and the risk of a wider Mideast conflict soured investor sentiment at the start of a week full of major corporate earnings and key inflation data. A gauge of global equity markets fell...
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