<\/p>\n
This live blog is refreshed throughout the day with the latest updates from the market. To find the latest Stock Market Today threads, click here.<\/p>\n
Happy Wednesday. Stock futures were falling as renewed hostilities between the U.S. and Iran boosted oil prices and sent bond yields higher.<\/p>\n
The benchmark U.S. 10-year Treasury note yield hit a high of 4.814% on the day, its highest level since November 2023, according to CNBC. <\/p>\n
Yields in the U.K., Germany and France also rose. In Japan, the 10-year government bond yield remained near a multidecade high.<\/p>\n
Stocks closed lower on Tuesday, with the Dow Jones Industrial Average falling more than 400 points, amid concerns about the U.S.-Iran conflict, rising oil prices and surging bond yields.<\/p>\n
“Renewed hostilities in the Middle East sent crude prices surging, driving Wall Street lower and global bond yields to multi-year – and in some instances, multi-decade – highs,” said Kyle Rodda, senior financial market analyst with Capital.com.<\/p>\n
“The markets will be hopeful that the latest flare-up in tensions between the US and Iran is another attempt by the Trump administration to ‘escalate to de-escalate’.”<\/p>\n
“A US rate and global oil sensitive Asian region looks vulnerable to a further pull back in the day ahead, with futures pointing to a potentially bearish session,” Rodda added.<\/p>\n
Broadcom (AVGO), Snowflake (SNOW) and Hewlett Packard Enterprise (HPE) are among the companies scheduled to report earnings today.<\/p>\n
Wall Street will also await ADP private payrolls data for August, as well as factory orders data and the Federal Reserve’s Beige Book.<\/p>\n
#Stock #Market #Today #Sept #Dow #futures #fall #oil #prices #rise #bond #yields #climb<\/p>\n","protected":false},"excerpt":{"rendered":"
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