Skip to content
sikacollection

sikacollection

Profitable business

Primary Menu sikacollection

sikacollection

  • Finance & Oportunity
  • Business & Finance
  • Economic stocks
  • Business Ideas
  • Export inport
  • About Us
    • Advertise Here
    • Contact Us
    • Privacy Policy
    • Sitemap
  • Home
  • U.S. Stocks Finish Lower as Bond Yields Rise
  • Economic stocks

U.S. Stocks Finish Lower as Bond Yields Rise

Sherry E. Rowe April 29, 2022

Table of Contents

Toggle
    • Traders worked on the floor of the New York Stock Exchange last week.
  • How the Biggest Companies Are Performing

U.S. stocks slid Thursday, erasing their gains from earlier in the day after a selloff in government bonds picked up steam.

Investors this year have had to weigh signs of solid economic activity against fears that the Federal Reserve will tighten monetary policy too quickly, potentially tripping up markets. Many credit stocks’ strong run over the past few years in part to extraordinary levels of monetary support from central banks.

With the Fed preparing to raise rates several more times this year and unwind its $9 trillion balance sheet, some money managers say they worry risky assets will struggle to hold on to the momentum of prior years. Fed Chairman

Jerome Powell

signaled Thursday that the central bank was likely to raise interest rates by a half percentage point at its meeting next month.

Anxiety over the Fed’s projected rate-increase path helped fuel selling in Treasurys. The yield on the 10-year U.S. Treasury note jumped from 2.836% Wednesday to 2.917% Thursday, the highest level since December 2018.

The renewed push higher in bond yields put fresh pressure on the stock market. Higher rates can put pressure on stocks because they reduce the premium that investors get from holding riskier assets instead of Treasurys.

The S&P 500 fell 65.79 points, or 1.5%, to 4393.66. The Nasdaq Composite dropped 278.41 points, or 2.1%, to 13174.65, adding to losses from Wednesday after a selloff in

Netflix

shares led the technology sector lower. The Dow Jones Industrial Average was down 368.03 points, or 1%, to 34792.76.

Some analysts say they believe even as the Fed normalizes monetary policy, U.S. stocks still have room to run, given the strength of the economy. So far, about 80% of the S&P 500 companies that have posted earnings results for the latest quarter have beaten analysts’ expectations, according to FactSet.

“Despite so many negative macro headlines, like the Russia-Ukraine conflict, inflation, and China’s zero-COVID policy, U.S. corporate profits continue to be resilient,” said

Michael Arone,

chief investment strategist for SPDR at State Street Global Advisors.

Tesla

shares jumped $31.58, or 3.2%, to $1,008.78 after the electric-vehicle maker reported $3.3 billion in quarterly profits late Wednesday, its highest profit to date.

American Airlines Group

shares rose 74 cents, or 3.8%, to $20.22 after the carrier reported that revenue more than doubled in the first quarter.

Beyond earnings, data on employment has shown the U.S. labor market is on solid footing, Mr. Arone said.

“I don’t think the rise in rates will matter too much until you see economic data fall over,” he said.

Technology shares, which tend to be sensitive to changes in interest rates, were among the worst performers in the market Thursday.

Advanced Micro Devices

slipped $4.17, or 4.4%, to $89.85, while

Salesforce

lost $9, or 4.8%, to $177.23.

Meanwhile, oil prices rose on signs that Russian oil production is falling and Europe is moving toward putting an end to imports of Russian crude. U.S. crude-oil prices added 1.6% to $103.79 a barrel. Germany said Wednesday it would stop buying Russian oil by the end of the year.

Traders worked on the floor of the New York Stock Exchange last week.



Photo:

BRENDAN MCDERMID/REUTERS

Overseas stock markets were mixed. The Stoxx Europe 600 rose 0.3%, led by shares of travel, leisure and construction companies. France’s CAC 40 gained 1.4% after a pre-election debate in which incumbent, pro-business President

Emmanuel Macron

was judged by polls to have beaten far-right challenger Marine Le Pen. 

In China, shares came under pressure on concerns that Covid-19 shutdowns were slowing growth in the world’s second-largest economy. The Shanghai Composite Index lost 2.3%. Hong Kong’s Hang Seng Index fell 1.3% and Japan’s Nikkei 225 added 1.2%.

Write to Joe Wallace at [email protected] and Akane Otani at [email protected]

Corrections & Amplifications
Weekly jobless claims data are due at 8:30 a.m. ET. An earlier version of this article incorrectly said they were due at 10:30 a.m. ET. (Corrected on April 21.)

How the Biggest Companies Are Performing

Copyright ©2022 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

Post Navigation

Previous The Stunning Rebound of Black Small Business Owners
Next Britain risks being hit by African Swine Fever because of Brexit-bungling delay of import checks, warn experts

More Stories

Should You Start A Business Development Consulting Firm?
  • Economic stocks

Should You Start A Business Development Consulting Firm?

Sherry E. Rowe July 7, 2024 0
The Negative Economic Effects of the Coronavirus Pandemic
  • Economic stocks

The Negative Economic Effects of the Coronavirus Pandemic

Sherry E. Rowe July 7, 2024 0
Can Worker Cooperatives Solve The Unemployment Problem?
  • Economic stocks

Can Worker Cooperatives Solve The Unemployment Problem?

Sherry E. Rowe June 26, 2024 0
June 2025
M T W T F S S
 1
2345678
9101112131415
16171819202122
23242526272829
30  
« Mar    

Archives

Recent Posts

  • Trading Bond CFDs in a Rising Rate Environment: Tactical Plays for GCC Investors
  • Boost Your Small Business Marketing: Top 3 Mailchimp Alternatives
  • The Growing Appeal of Bespoke Biologix: Why More Americans Are Seeking Advanced Stem Cell Therapies
  • The Affordable Elegance of Lab-Grown Diamond Rings
  • Planning Your Loan Repayments? Here’s a Simple Guide to Using EMI Calculators

Fiverr

Fiverr Logo   

BL

Intellifluence Trusted Blogger

https://www.godsseo.my.id/category/optimisasi-mesin-pencari/optimisasi-mesin-pencari-lokal/

Tags

""Succeeded His Business"" "Business Plan Loan Originayor 2 Of Cups Business 525 Business 5 Bankruptcies Accounting Business Letter To Client Bracken Business Communications Clinic Business Account No Deposit Business Administration Fafsa Business Balance Sheet Explained Business Card Business Card Printing La Plata Business Cards Media Bar Business Card To Secret Website Business Central Png Business Coaching Site Cloudfront Business Contract Lawyer 47201 Business Marketing Pearson Quizlet" Business Milleage Leager 18 Business Mobile Broadand Plans Business Plan For Supplement Company Disrupting Digital Business Harvard Ffiec Business Continuity Templates Gauge Ear Piercing Business Good Openings For Business Letters Holton Investment Business Indianapolis Business Times Indiana Wesleyan University Business List Business In Search Engines List My Business Yahoo Lunch Susbcription Business Model Morgan Hill Business Liocense Renewal Nee Small Business Bill Signed Negotiating Business Acquisitions Practical Law Networking Trends Small Business New Business In Shorewood Il School Business Officer Being Unethical Small Business Administration Mass Small Business Comunity Small Business Corporation South Africa Small Business Depew Llc Small Business Medical Offices Chicago Small Business Office Lakewood Nj Small Business Plans Verizon Small Business Storage Array Small Business Sucess Stories

Partner Links

knickerbockerbagel
thinkbigboulder

BP

backlinkplacement.com

You may have missed

Trading Bond CFDs in a Rising Rate Environment: Tactical Plays for GCC Investors
  • Marketing

Trading Bond CFDs in a Rising Rate Environment: Tactical Plays for GCC Investors

Sherry E. Rowe June 19, 2025
Boost Your Small Business Marketing: Top 3 Mailchimp Alternatives
  • Marketing

Boost Your Small Business Marketing: Top 3 Mailchimp Alternatives

Sherry E. Rowe March 27, 2025
The Growing Appeal of Bespoke Biologix: Why More Americans Are Seeking Advanced Stem Cell Therapies
  • Marketing

The Growing Appeal of Bespoke Biologix: Why More Americans Are Seeking Advanced Stem Cell Therapies

Sherry E. Rowe January 30, 2025
The Affordable Elegance of Lab-Grown Diamond Rings
  • Marketing

The Affordable Elegance of Lab-Grown Diamond Rings

Sherry E. Rowe January 3, 2025
Planning Your Loan Repayments? Here’s a Simple Guide to Using EMI Calculators
  • Marketing

Planning Your Loan Repayments? Here’s a Simple Guide to Using EMI Calculators

Sherry E. Rowe December 13, 2024
Copyright © All rights reserved. | CoverNews by AF themes.

WhatsApp us