Dow Jones Climbs on Yield Drop While Broadcom Plunges on Earnings
The Dow Jones index climbed on Thursday supported by falling Treasury yields, while Broadcom shares tumbled following its latest earnings report.
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The Dow Jones index climbed on Thursday supported by falling Treasury yields, while Broadcom shares tumbled following its latest earnings report.
Over $1.23 billion in crypto short positions were liquidated in an hour, propelling Bitcoin near $68,424 and Ethereum past $2,080. The massive short squeeze was fueled by falling Treasury yields, wit…
Dow Jones Industrial Average surged above 50,700 on improved market sentiment driven by falling Treasury yields and Iran peace deal progress, benefiting business services and IT distribution stocks.
US dollar retreats as Iran deal hopes rise and Treasury yields fall. Fed minutes reveal growing support for rate hikes. Yen nears intervention threshold at 160 level, prompting BOJ vigilance.