- Zacks
Stock Market News for May 31, 2024
U.S. stock Markets closed sharply lower for second consecutive day following disappointing earnings results and guidance of a technology giant.
- Zacks
Stock Market News for May 30, 2024
U.S. stock markets closed sharply lower on Wednesday following spikes on yields of U.S. government bonds.
- Benzinga
Volatility Spooks Investors As Treasury Yields, Dollar Climb Ahead Of Key Economic Releases: What's Driving Markets Wednesday?
Volatility surged back into the market on Wednesday, with the CBOE Volatility Index (VIX) spiking 9% after hitting nearly three-year lows last week, fueled by fresh upticks in Treasury bond yields. The yield on the 30-year Treasury note, a crucial benchmark for mortgage rates nationwide, soared to 4.74%, rising more than 15 basis points over two sessions and nearing its highest close since May 2. As yields climbed, bond prices dropped, with the iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) fal
