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The 10-year Treasury yield rose to near 5.30% on Wednesday, its highest since 2007, on the same day US inflation came in under forecast. The Dow Jones Industrial Average rallied on the inflation release, faded for the rest of the session and closed on its low, just under 51,000.
Editor’s Note: The ETFs tracking benchmark indices, lede, economic data, and the headline were updated in the story.U.S. stock futures were mixed on Wednesday, as the Dow Jones, and Nasdaq 100 indices fell, Nasdaq 100 index rose following Tuesday’s lower close.August economic data, led by the Feder…
US stock futures remain volatile as easing Fed hike bets, Treasury yields and oil prices set the tone ahead of PCE data.