Asian shares are mostly higher after Wall Street wobbled to a mixed close as yields on U.S. Treasury bonds fell back after jumping above 5%.
A person walks in front of an electronic stock board showing Japan's Nikkei 225 index at a securities firm Tuesday, Oct. 24, 2023, in Tokyo. Shares were mixed Tuesday in Asia after Wall Street wobbled to a mixed close as yields on U.S. Treasury bonds fell back after creeping above 5%. – Shares mostly rose Tuesday in Asia after Wall Street wobbled to a mixed close as yields on U.S. Treasury bonds fell back after creeping above 5%.
Japan's benchmark Nikkei 225 added 0.2% in afternoon trading to 31,062.35. Sydney's S&P/ASX 200 rose 0.2% to 6,856.90. South Korea's Kospi jumped 1.1% to 2,383.51. On Monday, the S&P 500 slipped 0.2% to 4,217.04 and the Dow Jones Industrial Average dropped 0.6%, to 32,836.41. Treasury yields help dictate how much investors pay for everything from stocks to corporate bonds to cryptocurrencies. Higher yields also make it more expensive for nearly everyone to borrow money, which puts the brakes on economic growth and adds stress to the entire financial system.Federal Reserve has hiked furiouslyOne wild card for inflation has been the price of oil, which has bounced in recent weeks amid worries potential disruptions to supplies due to the latestA barrel of benchmark U.S.
It’s the second huge deal in the oil-and-gas industry in as many weeks. Exxon Mobil said earlier this month that it’s buyingApple rose 0.1% after recovering earlier losses, following reports that, its Taiwan-based supplier, was recently subjected to searches by Chinese tax authorities.
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.
Stock market today: Asian shares mostly rise after US stocks wobble as Treasury bond yields veerAsian shares are mostly higher after Wall Street wobbled to a mixed close as yields on U.S. Treasury bonds fell back after jumping above 5%. Benchmarks rose in Tokyo, Sydney, Seoul, Shanghai and Taiwan, but fell in Hong Kong. U.S. futures and oil prices rose.
Read more »
Stock market today: Asian shares mostly rise after US stocks wobble as Treasury bond yields veerAsian shares are mostly higher after Wall Street wobbled to a mixed close as yields on U.S. Treasury bonds fell back after jumping above 5%.
Read more »
Why a 5% Treasury yield sends a gloomy stock-market message right now‘The trade-off between stocks and bonds continues to be the most significant driver for equities broadly’: Jefferies
Read more »
Wall Street rises as 10-year Treasury yield retreats below 5%Wall Street rises as 10-year Treasury yield retreats below 5%
Read more »
Stock Market Today: 10-Year Treasury Yield Hits 5%This week will bring earnings from several of the 'Magnificent Seven' tech giants
Read more »
U.S. stock futures fall as 10-year Treasury yield hits 5%Barbara Kollmeyer is based in Madrid, where she leads MarketWatch's pre-markets coverage of financial markets and writes the Need to Know column. She has worked in London and Los Angeles for MarketWatch previously. Follow her on Twitter bkollmeyer.
Read more »