S&P 500, Dow slip in final session of turbulent February

The S&P 500 and Dow indexes slipped in the final trading session of Februray as Treasury yields rose to multi-month highs.

Traders work on the floor of the New York Stock Exchange in New York City, U.S., February 27, 2023. REUTERS/Brendan McDermidIndexes set for monthly lossesFeb 28 - The S&P 500 and Dow indexes slipped in the final trading session of Februray as Treasury yields rose to multi-month highs on bets of more interest rate hikes by the Federal Reserve.

Wall Street's main indexes were set for monthly declines after a strong performance at the start of the year as signs of a strong U.S. economy and elevated inflation spurred worries that the Fed will stick to its hawkish policy for longer.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Reuters /  🏆 2. in US

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.

S&P 500, Dow slip in final session of turbulent February By Reuters*U.S. STOCK FUTURES STRUGGLE FOR DIRECTION AT THE END OF VOLATILE FEBRUARY - $DIA $SPY $QQQ 🇺🇸🇺🇸
Read more »

There are still opportunities in VC firms despite a drop in funding, says 500 GlobalOne global firm maintains a positive outlook, as venture funding took a hit in 2022 amid economic uncertainties and a higher cost of capital.
Read more »

U.S. stock futures start week with advance after latest relapseThe S&P 500 in line to bounce off five-week lows as Treasury yields pull back
Read more »

Corporate Stock Buybacks Help Keep Market AfloatU.S. stocks have received support from a key source during 2023’s shaky market environment: companies repurchasing their own shares
Read more »

500-million-year-old 'star-like' mystery may never have been aliveResearchers are yet to figure out what an unidentified 3D star-like 'thing' could be. Now, a new study puts to question whether it's a fossil at all.
Read more »

Warner Bros stock beats Tesla, S&P 500 peers, on hit game 'Hogwarts Legacy'Warner Bros stock beats Tesla and other S&P 500 peers in a fierce comeback as Hogwarts Legacy's massive success rekindles Harry Potter mania
Read more »