Major U.S. stock indices rally as US Treasury yields and USD fall after a weaker-than-expected PMI figure suggests that rising interest rates have cooled demand for goods
Major U.S. equity indices rallied as US Treasury yields and USD tumbled after the Bank of England announced an emergency plan to stabilize the bond market.
Major U.S. equity indices erased earlier gains and finished in mixed territory amid lingering fears of global recession as Treasury yields put in another major jump.
U.S. equity indices continued to drop as tightening financial conditions around the world fueled concerns about a global recession. US yields and the USD rose.
U.S. equity indices continued to fall after the FOMC hiked interest rates yesterday and reaffirmed their commitment to bring inflation under control despite economic growth concerns