STNE - Investor Fear Grows As Bond Yields Rise; S&P 500 Ends 8-Day Winning Streak | Benzinga
The CNN Money Fear and Greed index showed growth in the overall fear level, with the index remaining in the "Fear" zone on Thursday.
U.S. stocks closed lower on Thursday, with the S&P 500 snapping an eight-session winning streak amid an increase in bond yields. The benchmark 10-year Treasury yield increased around 12 basis points at 4.634% during Thursday’s session.
The Fed Chair Jerome Powell stated that despite progress on the inflation front, there is still a substantial distance to cover to achieve the 2% target.
The Walt Disney Company (NYSE: DIS) shares gained 6.9% on Thursday after the company reported better-than-expected fourth-quarter earnings. ...