US stock indexes were mixed on Wednesday as US Treasury yields rose.
As of 9:50 a.m. ET, the Dow Jones Industrial Average was up 54.74 points, or 0.14%, at 39,060.23, the S&P 500 was down 7.63 points, or 0.15%, at 5,167.64, and the Nasdaq Composite Index was 79.22 points, or 0.49 points. ) fell. %, 16,186.42.
The yield on the 10-year U.S. Treasury rose to 4.17% from 4.15% late Tuesday. The yield on two-year US Treasuries also rose from 4.58% to 4.61%.
After Tuesday's U.S. inflation data showed the consumer price index (CPI) well above the Federal Reserve's 2% target, investors looked for clues about interest rate cuts and further economic growth. Waiting for indicators.
U.S. retail sales and producer price data will be released on Thursday.
The US central bank is scheduled to hold a monetary policy meeting next week.
Bitcoin rose to an all-time high of $73,664 on Wednesday.
European stock markets rose on Wednesday.
Britain's FTSE 100 index rose 0.4% to 7,777.07. France's CAC40 index rose 0.7% to 8,147.66. Germany's DAX rose 0.1% to 17,975.56.
The Euro Stoxx 50 rose 0.5% to 5,008.72.
In Asian stock markets, Japan's Nikkei Stock Average fell 0.3% to 38,695.97 yen.
Hong Kong's Hang Seng Index fell 0.1% to 17,082.11. China's Shanghai Composite Stock Price Index fell 0.4% to 3,043.83.
Oil prices rose 2% on Wednesday, helped by a decline in U.S. crude inventories.
May Brent crude oil futures rose $1.54, or 1.88%, to $83.46 a barrel by 1445 GMT (4:45 p.m. Japan time). The April contract for US West Texas Intermediate crude oil rose $1.59, or 2.05%, to $79.15.
Gold prices rose on Wednesday, supported by a weaker US dollar.
As of 10:38 a.m. EDT (1438 GMT), spot gold was up 0.5% at $2,167.29 an ounce. US gold futures rose 0.2% to $2,170.00.
Unlock a world of benefits! From insightful newsletters to real-time inventory tracking, breaking news and personalized newsfeeds, it's all here, just a click away. Log in here!