U.S. Treasury bond yields rise — and stock markets fall — on January jobs report
Publishing timestamp: 2023-02-07 01:34:19
Summary
U.S. stocks started the week on a lower note as U.S. Treasury yields climbed. Google, Microsoft, and Baidu have all announced their own AI chatbot technology, and Binance will suspend U.S. dollar deposits and withdrawals. Investors are warned to be cautious of the AI craze, and the markets will depend on Federal Reserve Chair Jerome Powell's speech today. If the chatbots prove successful, they could bring a huge influx of cash into the markets.
Sentiment: MIXED
Tickers: GOOGL, ADANIENT-IN, BUSD.CM=, BIDU, MSFT,
Keywords: jobs, world markets, alphabet class a, united states, business news, interest rates, binance usd/usd, baidu inc, microsoft corp, india, cryptocurrency exchanges, markets, technology,
Source: https://www.cnbc.com/2023/02/07/stock-markets-us-bond-yields-rise-and-markets-fall.html