U.S. Treasury yields rose as the scale of Treasury buybacks fell short of expectations, while international crude oil prices surged on Middle East instability. Renewed inflation concerns dampened investor sentiment, leading equity markets to close broadly lower.
U.S. 10-year Treasury yields surged as the U.S. Department of the Treasury's announcement to expand bond buybacks fell short of market expectations.
International crude oil prices spiked past $100 a barrel amid escalating geopolitical tensions in the Middle East.
The three major U.S. stock indices dropped across the board as rising Treasury yields and surging oil prices reignited inflation concerns.
Lithium Americas stock surged following an investment rating upgrade and target price issuance by JPMorgan.
Apple shares fell slightly after announcing a new foldable phone, impacted by market skepticism.
International oil prices surpassed $100 per barrel again amid escalating armed conflict between the US and Iran, while US Treasury yields surged due to disappointment over the US Treasury buyback announcement. Consequently, growing concerns over rekindled inflation and prolonged high interest rates are rapidly dampening investor sentiment for risk assets in the market.
International oil prices surged past $100 per barrel again amid escalating military conflict between the US and Iran and concerns over transport disruptions in the Strait of Hormuz.
The 10-year US Treasury yield surpassed 4.85% intraday as the US Treasury Department's announced buyback size fell short of market expectations.
Concerns over prolonged Middle East geopolitical risks intensified due to a series of retaliatory strikes between US forces and Iran, along with remarks suggesting potential delays to an end to the war.
All three major New York stock indexes fell as inflation caution spread due to surging oil prices and rising interest rates.
Expectations grew for domestic display component manufacturers to benefit from higher material costs following Apple's unveiling of its first foldable phone, the 'iPhone Duo'.
Returns on currency-exposed ETFs deteriorated due to the falling KRW/USD exchange rate, triggering profit-taking selling amid earnings concerns for key export stocks, including cosmetics.
