Add a listing
0
Add a listing

Dow jumps nearly 500 points at open as bond yields retreat on revived hopes for Fed pivot

dow jumps nearly 500 points at open as bond yields retreat on revived hopes for fed pivot

U.S. stocks opened higher on Tuesday, adding to their gains from Monday’s session as global bond yields continued to decline and talk of a possible “pivot” from the Federal Reserve intensified after the Reserve Bank of Australia delivered a smaller-than-expected 25 basis-point interest-rate hike. The Dow Jones Industrial Average DJIA, +1.90% rose 475 points, or 1.6%, to 29,966. The S&P 500 SPX, +2.15% climbed 69 points, or 1.9%, to 3,748. The Nasdaq Composite COMP, +2.49% advanced 257 points, or 2.4%, to 11,073. Stocks rose sharply on Monday, with the Dow gaining more than 750 points while the S&P 500 saw its biggest percentage-point gain since late July. The 2-year Treasury yield bx:tmumbmusd02Y was down 2.5 basis points at 4.080%.

Source: Marketwatch

Related Posts

Recent Posts
Leading Key
Asian Shares Asian Stocks bafin Blog brent brokerswatch CBI Ireland cftc cointelegraph Commodities Crude Oil energy european fca fcnb FINRA Forex fsma fxpro Gold gold-price Inflation Interview Market Analysis markets Marketwatch News News stories oil oott OPEC Press Release Press Releases Roboforex Russia Speech Statements stock markets Stocks Technical analysis tickmill Trading Warning Notice wti xgloabalmarkets
About
brokerswatch white red logo

Searching for the right forex broker is no easy task, but have no fear! Brokerswatch Forex Brokers Directory has made it very simple.  Find the right brokers based on the criteria most important to you and compare them side by side for easier selection

Twitter Facebook-f Instagram Linkedin Reddit

Brokers By Regulator

Forex Brokers List

Trading Tools

Risk Warning: FX trading is high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment goals, experience and risk tolerance levels. Loss of  part or all of your initial investment is possible;  therefore do not invest money that you cannot afford to lose. It is advised to educate yourself about FX trading before you trade real money. Disclaimer:  All data and information on this Website are provided “as is” and to be used only for information purposes.  Information is not  intended for trading or trading recommendations.  The operators of this website shall not be liable for any loss incurred by you as a result of reliance on the information contained in the Website.