Stocks swing to a flat close as bond yields spike on U.S. debt worries

• The arrows were closed on Thursday After swinging from losses to gains, while bond activity referred to concerns about the financial future of the United States. The markets remain sunken, as Republicans in the House of Representatives acknowledged a bill that would significantly increase the United States deficit and may enhance inflation.

Stock markets were mainly closed on Thursday after recovering from the worst sales in the previous day, which was ignited by the investor’s concerns about the financial future of the United States.

S & P 500 0.4 %. DOW lost one point to close it, while NASDAQ technology gained 0.3 %.

The bonds won early today before stability. The return on the cabinet for 10 years reached 4.63 % before it decreased to 4.54 %. The return on the cabinet increased for 30 years to 5.15 %, which is its highest level in more than a year, before it decreased to 5.05 %.

Nails reflect the investor’s concerns that the tax cuts package and Republicans in the House of Representatives of $ 4.5 trillion will add to the debts of the huge government already. R.

“[U]John Higgins, chief economist at Capital Economics, said that the bill is not calmed down by the Senate, it is clear that there is a risk of increasing returns to further.

The country’s huge deficit ranked Moody’s to reduce US debt last Friday. The reduction means that the United States no longer has a higher credit rating than any agency.

The shares of trading were zero before closing a little higher. Some of the shares of the large technology company increased, and the indexes withdrawn. The alphabet gained 2 %, Amazon increased by 1.5 %, and Meta has gained 0.6 %.

Solar stocks, with Sunrun 37.5 % decreased, ENPHASE energy losing 17.8 %, and legs first decrease 4.6 %. The budget bill in the House of Representatives would strip the incentives of the Biden Energy era.

Economic data continued to come. A couple from the reports of the National Association of Real Estate Brigades indicated that sales of the current homes for the month of April decreased to the lowest level in 15 years, as the prices of housing that are still unable to bear.

However, a government report revealed fewer Americans who applied for emotional assistance last week than expected, indicating that the labor market is still fixed in the changing policy environment. A survey of the procurement managers showed that manufacturing activity rose from April to May.

“[B]”Usines has improved in May of the disturbing recession in April, with depression about the possibilities of next year to some extent,” said Chris Williamson, S& P Global Market Intelligence.

This story was originally appeared on Fortune.com

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2025-05-22 20:15:00