Stock Market Holds Steady, Bond Yields Ease
U.S. stock market holds steady near record highs, with mixed reactions to company profit reports. Marvell Technologies and American Eagle Outfitters see significant gains, while Capricor Therapeutics surges after promising results for a potential new therapy. Treasury yields ease after weaker-than-expected job growth, but stronger-than-expected services growth and slower price increases could influence the Federal Reserves decision on interest rates. DNN | The Daily News Now! The world’s first global local news network. Every city. Every story. AI powered. Hosted on Acast. See acast.com/privacy for more information.
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