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Stocks Rise, Bonds Fall Before Big Treasury Sale: Markets Wrap.
- Source :
- Bloomberg.com; 2/7/2024, p1-1, 1p
- Publication Year :
- 2024
-
Abstract
- Stocks rose and bonds fell ahead of a $42 billion sale of 10-year Treasuries, with investors also awaiting Federal Reserve speakers for insight on interest rates. A successful government auction could have a positive impact on both equity and bond markets due to recent supply concerns. Traders are also monitoring New York Community Bancorp, whose shares have been volatile despite the bank reporting increased deposits and ample liquidity. The S&P 500 saw gains for a second consecutive day. [Extracted from the article]
Details
- Language :
- English
- Database :
- Complementary Index
- Journal :
- Bloomberg.com
- Publication Type :
- Periodical
- Accession number :
- 175318680