AgFin Australia

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S&P 500 closes lower as investors digest Feb’s losses

02 Mar 2023 – The S&P 500 fell overnight, as traders struggled to recover their footing following a losing month and that bond yields have continued their climb. The moves came as bond yields extended their February gains, with the benchmark 10-year yield briefly topping 4% for the first time since November. The 1-year Treasury yield rose above 5%.

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Big gains from chip stock Nvidia boosts markets

24 Feb 2023 – Stocks closed higher amid volatile trading Thursday as investors remained concerned about the path of the Federal Reserve’s rate hikes. The moves came a day after the Fed released the minutes of its most recent meeting, which concluded February 1st, showing that members of the central bank are resolved to keep fighting inflation with rate hikes.

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