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U.S. Treasury bond yields rise — and stock markets fall — on January’s jobs report - TL;DR CNBC

U.S. Treasury bond yields rise — and stock markets fall — on January’s jobs report

Publishing timestamp: 2023-02-06 20:43:18


Summary

U.S. stocks started the week off on a lower note, with all three indexes falling as U.S. Treasury yields climbed. Asia-Pacific stocks mostly fell on Monday as Indian conglomerate Adani Enterprises sank further. Google announced Bard, artificial intelligence chatbot technology that it says will compete directly with OpenAI's ChatGPT. Binance, the world's largest cryptocurrency exchange, will suspend U.S. dollar deposits and withdrawals as of February 8. Dell plans to lay off 6650 employees, or 5% of its workforce. U.S. stocks had a stellar January, but analysts are warning investors to be cautious. Google announced new artificial intelligence chatbot technology named Bard. It is unclear whether this will be a successful creative destruction.


Sentiment: MIXED

Tickers: GOOGLADANIENT-INDELLBUSD.CM=

Keywords: jobsworld marketsalphabet class aunited statesbusiness newsinterest ratesbinance usd/usdindiadell technologies inccryptocurrency exchangesmarketstechnology

Source: https://www.cnbc.com/2023/02/07/stock-markets-yields-rise-and-markets-fall-on-januarys-jobs-report.html


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