Market Snapshot
S&P 500 (SPY) — 761.69 (-0.12%) [Twelve Data] · Nasdaq 100 (QQQ) — 721.45 (+0.63%) [Twelve Data] · Dow Jones (DIA) — 515.88 (-0.48%) [Twelve Data] · Bitcoin (BTC) — 81,021.25 (+4.49%) [Binance US] · Ethereum (ETH) — 2,630.28 (+5.80%) [Binance US] · Gold (GLD) — 401.17 (+0.71%) [Twelve Data] · US Oil (USO) — 153.82 (-0.96%) [Twelve Data]
Stock Markets
U.S. equity indices closed mixed Thursday as rising Treasury yields and rate-hike expectations created divergent sector performance. The Nasdaq Composite advanced 0.63%, powered by technology shares, while the Dow Jones Industrial Average declined 0.48% and the S&P 500 edged down 0.12%.
The 2-year Treasury yield climbed to 4.741%, its highest level since July 2024, according to the Wall Street Journal, as markets priced in additional Federal Reserve tightening. The move in short-term yields reflected growing conviction that the central bank will maintain its hawkish stance longer than previously anticipated. Global government bond yields rose in tandem, creating headwinds for rate-sensitive sectors.
