empty
 
 

08.10.202613:30:07UTC+00US Stocks Pull Back for 2nd Session

US equities declined for a second consecutive session on Thursday as Treasury yields rebounded to multi-decade highs, tightening credit conditions for the corporate sector. The S&P 500 slipped 0.3%, while the Nasdaq 100 and Dow each lost 0.5%.

Oil and fuel prices surged on reports that the US is planning additional strikes against Iran, threatening the recent recovery in seaborne oil exports from the Middle East and worsening the inflation outlook. Minutes from the latest FOMC meeting indicated that most policymakers expect further rate hikes will be needed to contain inflation. Combined with expanding budget deficits, this has pushed Treasury yields higher.

AI infrastructure stocks led declines for a second straight session, reflecting the sector’s sensitivity to overall risk sentiment and to higher borrowing costs, which weigh on AI-related capital expenditures. Intel, Lam Research, Marvell, and Micron each fell about 2%. Broadcom dropped 1% after issuing $60 billion in debt to help finance Anthropic’s expansion.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In October we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


现在无法通话?
提出您的问题,用 在线帮助.
Widget callback