U.S. stock indexes moved in different directions during Friday trading session.
U.S. 10-Year Bond yield continue to grow, and this is the key driver of market turmoil today.
As at 8:30 p.m. (MSK), S&P500 index went up 0.4%, Dow Jones gained about 0.6%, and NASDAQ technology index declined 0.4%.
American stock market opens the week with a slight decline in all indexes.
Such correction after two days of fairly good growth last Thursday and Friday is reasonable. The earnings season is about to end, and investors are going to focus on growing inflation again.
Today, American stock indexes have been growing for the second day in a row.
Officials somewhat relieved market’s concerns about growing inflation expectations. Besides, another portion of macroeconomic statistics data is in focus today.