S&P 500, DOW SLIP IN VOLATILE SESSION AS YIELDS RISE AND EARNINGS DISAPPOINT
- NEWS Desk Global
- Aug 3, 2023
- 1 min read
The Dow and the S&P 500 slipped in choppy trading on Thursday as a jump in bonds yields, downbeat corporate earnings and a slew of economic data pointing to stubborn inflation kept investors on edge. Market participants have been keeping a close watch on data as they fear the Federal Reserve may stick to its rate-hike path if it fails to bring inflation within its targeted range.
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