Niaga AWANI: Wall Street Slips as Treasury Yields Rise, Energy Sector Boosted by Oil Prices
  • 8 bulan lalu
Wall Street's major indices closed lower on Tuesday, led by the Dow, as Treasury yields and oil prices increased. Investors assessed the Federal Reserve's interest rate prospects, with sentiment fading from the previous week's hopes of a less hawkish Fed. U.S. Treasury yields rose following strong economic data, and Fed Governor Christopher Waller's comments suggested no immediate rate changes. The energy sector was the top gainer, reaching a seven-month high, driven by Saudi Arabia and Russia's extension of voluntary supply cuts.
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