Global Stocks Climb as Investors Eye Inflation Data

1 min read
Source: Yahoo Finance
Global Stocks Climb as Investors Eye Inflation Data
Photo: Yahoo Finance
TL;DR Summary

US Treasury sales struggled to attract buyers, leading to a sell-off in the bond market. Traders are analyzing mixed economic data and Federal Reserve remarks for policy direction. Treasury yields rose, with the 10-year yield climbing to 4.54%. The S&P 500 remained stable, while the Nasdaq Composite hit a record high. Key economic events and corporate highlights, including Chevron's acquisition of Hess Corp. and T-Mobile's purchase of US Cellular assets, were also noted.

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