CNBC Daily Open: Treasury yields are putting pressure on stocks
Publishing timestamp: 2023-08-18 02:05:51
Summary
The article discusses the decline in U.S. stocks, the struggles in China's property sector, the bright spots in the Chinese consumer economy, the plunge in Bitcoin, and the headwinds facing the S&P 500 in August. It also mentions the rise in U.S. Treasury yields and the decline in investor sentiment.
Sentiment: MIXED
Tickers: .SPX, .DJI, BTC.CB=, .IXIC, SPY,
Keywords: business news, world markets, dow jones industrial average, markets, u.s. treasury bonds, nasdaq composite, interest rates, cryptocurrency, federal reserve system, bitcoin/usd coinbase, spdr s&p 500 etf trust, s&p 500 index, china, inflation, united states, economic events, prices,
Source: https://www.cnbc.com/2023/08/18/stock-markets-treasury-yields-are-putting-pressure-on-stocks-.html