US stocks mostly decline, Treasuries dip as inflation worries linger

Financial

SummaryCompaniesDow index flat, while Nasdaq declines 0.66%Bonds squeezed again, sending yields upNew shows higher China PMI, U.S. raw material pricesDollar slipsMarch 1 (Reuters) – Two of three major Wall Street stock indexes declined on Wednesday, while Treasury yields marched higher, as new inflation indicators from China, Germany and the U.S. hardened expectations that high interest…

Thanks for reading The LBM Daily.
Join LBM Daily Premium or log in to continue reading.
Login Join Now

Articles You May Like

Limited Time 15% Promo!
National Flood Insurance Program is safe for now (45 days)
Why is housing inventory so low? Understanding the US housing shortage
Interest Rate Market Update
The US housing market is starting to flash a few rays of sunshine for homebuyers
NAHB applauds funding, flood insurance legislation