Article content
(Bloomberg) — U.S. and European equities declined as the European Union considered a ban on Russian coal, ratcheting up pressure on Moscow over the invasion of Ukraine. Treasuries retreated amid deepening concern about inflation and the policy response.
The S&P 500 fell, led by losses in technology and consumer discretionary, while the Nasdaq 100 was also lower. The 10-year Treasury yield rose for a third day to near a three-year high, with the spotlight remaining on inverted yield curves that may signal an economic downturn should the Federal Reserve tighten aggressively to quell price increases.
Advertisement 2
Article content
Federal Reserve…
__________________________________________________
You can Read this Complete Story at:
Source Link
__________________________________________________
Tags:
Dow Today, Dow Jones Today
__________________________________________________
Related Links:
Stock Market
Latest News on C N N.
__________________________________________________
2022-04-05 09:43:45