Shares edge down in early trade with investors taking their cue from a volatile Wall Street session.
Oil prices rose as the Group of Seven nations promised to tighten the squeeze on Russia's finances with new sanctions that include a plan to cap the price of Russian oil.Treasury yields climbed on Monday following capital and durable goods orders data and as pending home sales surprised to the upside from the previous month.
The yield on benchmark 10-year Treasury notes last reached 3.1847% on Tuesday, compared with its U.S. close of 3.194% on Monday. The two-year yield , which rises with traders' expectations of higher Fed fund rates, touched 3.0974% compared with a U.S. close of 3.123%. Also, the U.S. dollar edged lower versus major rivals as investors weighed expectations on inflation and interest rate hikes. The dollar index , which tracks the greenback against a basket of currencies of other major trading partners, was down at 103.91.Register now for FREE unlimited access to Reuters.com
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Wall Street elite investor worries: recession, inflation, stock market crash, and Fed mistakesWall Street's elite investors are convinced a recession is all but inevitable — and the stock market's collapse has only just begun
Read more »
Man slashed in the face with razor on subway near Wall Street stationA man was slashed in the face with a razor after a dispute on the subway turned violent early Sunday morning, cops said.
Read more »
Asian markets rally after Wall Street logs rare winning weekAsian shares advanced Monday after Wall Street ended a rare winning week, capped by a 3.1% gain on Friday for the benchmark S&P 500. U.S. futures and oil...
Read more »
Top Wall Street Analysts Stand by These Stocks as the First Half of 2022 Wraps UpTipRanks analyst ranking service pinpoints Wall Street’s best-performing stocks, including Adobe and Broadcom.
Read more »
Roger Waters Rocks Pink Floyd Classics Including ‘Another Brick in the Wall’ on ‘Colbert’: WatchThe former Pink Floyd member brought the ‘Late Show’s’ audience back to 1979.
Read more »
Denver’s Anthony Garcia Sr. makes the huge leap from street art to fine art look easyAnthony Garcia Sr. is as likable as an intimate studio artist as he is as a showy public expressionist. It is a huge leap from “street” art to “fine” art, where things go under the microscope, but he makes it look easy.
Read more »