VWO - Asian Markets Mixed Europe Trades Lower Along With Crude and Gold - Global Markets Today While US Was Sleeping | Benzinga
On Tuesday, September 5, the U.S. markets ended in red. Dow fell due to higher Treasury yields, but a boost in energy stocks limited the losses.
U.S. Treasury yields climbed as strong economic data and comments from Fed Governor Christopher Waller indicated no immediate need for rate changes.
Most S&P 500 sectors ended down, with materials, industrials, and utilities hit hardest. Energy and tech stocks, though, rose against the trend.
Energy stocks surged over 1% on news of Saudi Arabia's and Russia's extended production and export cuts until the end of 2023, driving oil prices higher.
The Dow Jones Industrial Average ended the day with a 0.56% drop, finishing at 34,641.97. Simultaneously, the S&P 500 saw ...