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Change modify pause
A pullback in Treasury yields took some pressure off equities Monday, allowing mega-cap technology shares to push higher ahead of some major earnings reports this week, though the major equity indices faltered at the end of the session. The S&P 500 fell 0.2% and the Dow Jones slipped 190 points while the Nasdaq added nearly 0.3%. The yield on the 10-year US Treasury note retreated to 4.84% after rising above 5%, the highest point since 2007. Meantime, European shares were little changed yesterday, with the German DAX closing virtually flat at a seven-month low while the Euro Stoxx 50 Index edged up 0.4%.
Summary for 24.10.2023
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