USB - Investor Optimism Eases Further As Treasury Yields Rise; Dow Falls For Third Consecutive Session | Benzinga
The CNN Money Fear and Greed index showed further easing in overall market sentiment, while the index remained in the "Greed" zone on Wednesday.
U.S. stocks closed lower on Wednesday, with the Dow Jones index falling for the third straight session amid an increase in Treasury yields. The benchmark 10-year Treasury note yield rose to 4.102% during Wednesday’s session.
Shares of U.S. Bancorp (NYSE: USB) fell over 1% on Wednesday after reporting results for its fourth quarter. Charles Schwab Corporation (NYSE: SCHW), meanwhile, reported better-than-expected fourth-quarter earnings.
On the economic data front, retail sales in the U.S. rose ...