Wall Street cautious before inflation, 10y Treasury falls By Investing.com

Wall Street cautious before inflation, 10y Treasury falls By Investing.com
Wall Street cautious before inflation, 10y Treasury falls By Investing.com

© Reuters.

By Alessandro Albano

Investing.com – New York stocks are trading tentatively ahead of tomorrow’s appointment (), which could increase pressure on the Federal Reserve’s next steps.

At around 17:00 CEST, the advances by 0.1%, the advances by 0.3%, while the marks the + 0.15%. Slightly up (+ 0.3% to 17.13).

Despite the heated debate on tapering surrounding the Marriner S. Eccles Building, the stock returns to the levels of last February below the 1.5% yield with a drop of 2.1%. In the 12 months, the return of the American benchmark increased by 73%.

On the political front, the US Senate has approved a package of laws designed to strengthen the country’s ability to compete with Chinese technology. According to Reuters, the desire for a hard line in relations with China is one of the few bipartisan sentiments in the US Congress, closely controlled by Democrats.

The provision clears approximately $ 190 billion to bolster U.S. technology and research, separately approving $ 54 billion to increase semiconductor and telecommunications equipment manufacturing and research, including $ 2 billion dedicated chips used by car manufacturers who have suffered from huge supply shortages and have had to make significant cuts in production.

Among the comnmodities, Il is traded above $ 70 a barrel ($ 70.28 + 0.33%) while the is worth $ 72.59, + 0.37%, driven by global demand and the latest EIA data on oil stocks of the United States, down more than expected in the past week.

Inventories fell 5.241 million barrels last week, compared to analysts’ expectations for a decrease of 2.036 million barrels.

Responsibility: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.


Wall Street cautious inflation #10y Treasury falls Investingcom

PREV Do you want to open a business? Pay the notary. With start-ups Italy goes back to the past
NEXT Here is the only foolproof method to remove the cuticles of the nails and get a truly perfect manicure