An Hour Ago
Treasury yields rise as investors consider inflation outlook
U.S. Treasury yields climbed on Monday, recovering some of Friday’s tumbles as investors digested the latest jobs report and looked ahead to consumer and producer price index reports due this week.
At 4:38 a.m. ET, the yield on the 10-year Treasury was trading over three basis points higher at 4.1006%. It had dropped by close to 15 basis points on Friday after hitting a high of 4.206%, which was a level last seen in early November. The 2-year Treasury yield was up by more than five basis points to 4.8457%.
Treasury Yields:
TICKER COMPANY YIELD CHANGE %CHANGE
US1M U.S. 1 Month Treasury 5.406% +0.024 0.00%
US3M U.S. 3 Month Treasury 5.507% +0.077 0.00%
US6M U.S. 6 Month Treasury 5.498% +0.032 0.00%
US1Y U.S. 1 Year Treasury 5.385% +0.038 0.00%
US2Y U.S. 2 Year Treasury 4.852% +0.061 0.00%
US10Y U.S. 10 Year Treasury 4.115% +0.053 0.00%
US30Y U.S. 30 Year Treasury 4.265% +0.05 0.00%
2 Hours Ago
Europe stocks open lower
European stocks opened modestly lower Monday, with the benchmark Stoxx 600 down 0.2% and most sectors declining.
Germany’s DAX fell 0.44% and the U.K.’s FTSE 100 and France’s CAC 40 declined 0.3% and 0.2%, respectively.
See Chart…
Stoxx 600 index.
10 Hours Ago
CNBC Pro: Morgan Stanley still likes these Chinese stocks despite a country downgrade
Morgan Stanley has downgraded MSCI China while upgrading their view on India.
The analysts expect the Chinese stock market volatility to remain relatively high due to swings in investor hopes and disappointments about government policy.
But they’re still recommending a few consumer and industrial names in China.
CNBC Pro subscribers can read more here.
– Evelyn Cheng
11 Hours Ago
All eyes will be on inflation data this week
Inflation data coming later this week could help Wall Street regain its footing.
The latest read on the consumer price index — an inflation gauge that measures what consumers pay for a many goods — is due out Thursday. The July producer price index — which gauges what wholesalers pay for raw goods — is slated for Friday.
CNBC Pro subscribers can read more about the data and how it could move the market here.
– Sarah Min
11 Hours Ago
Investors look beyond losing week
Wall Street is coming off a losing week.
The Nasdaq Composite and S&P 500 slipped about 2.9% and 2.3%, respectively, last week. It was the worst week for both indexes since March.
Meanwhile, the Dow closed the week about 1.1% lower.
– Alex Harring
12 Hours Ago
Stock futures are little changed
Stock futures made a modest move up shortly after 6 p.m. ET.
Futures tied to the Dow, S&P 500 and Nasdaq 100 each rose around just 0.1%.
– Alex Harring