U.S. Stocks Fall as Bond Yields Rise on Inflation Concerns
U.S. stock indexes declined Tuesday after bond yields climbed on inflation worries. Futures pointed to a lower open for the Australian sharemarket.
The Sydney Morning HeraldU.S. stock indexes gave back some of their recent gains on Tuesday as bond yields rose amid concerns over inflation. 3 per cent and was on track for a third straight loss. 5 per cent.
61 per cent the previous day. The increase follows a climb from below 4 per cent before the war with Iran began. 42 per barrel. 53, according to the AAA motor club.
3 per cent, at the open. 07 cents. 2 per cent on Tuesday. 2 per cent ahead of the company's quarterly results due Wednesday.
Key Facts
Potential Impact
- 01
Higher bond yields may increase borrowing costs for mortgages and corporate loans.
- 02
Nvidia's quarterly results on Wednesday could influence technology stock performance.
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