Chip Stocks Carry Wall Street as 10-Year Yield Nears 5%
Semis lifted the Nasdaq while the Dow slipped, with the 10-year Treasury yield parked just under 5% and gold holding above $4,400.
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Tech Slips as Oil Tops $100 and Yields Stay Above 5%
Nasdaq fell 2.15% while the Dow lost just 0.34%, as crude above $100 and a 5.08% 10-year yield squeezed high-multiple tech stocks.
Growth Stocks Get Hit: Nasdaq Skids 1.3% While the Dow Barely Flinches
Nasdaq slides 1.3% while the Dow holds firm; gold retreats from records and oil stays above 5.
Chip Rebound Lifts Nasdaq and S&P 500 as Gold Cools From Record Run
Tech led a quiet comeback as semiconductors rebounded, while gold eased from record highs and Treasury yields drifted lower.
Wall Street Edges Lower in Quiet Summer Trading as Gold Holds Near ,448
All three major indexes slipped on Monday in a sleepy August session, but the VIX dropped to 15.28 suggesting no real alarm. Gold held near ,448 while oil climbed to 3.91.
Stocks Rally, Oil Sinks, Gold Surges Past $4,300
Markets diverged sharply as equities rallied, crude oil tumbled, and gold smashed through the $4,300 barrier for the first time.
European Markets Rally as DAX Surges 1.25%
European stocks posted strong gains on Monday, with Germany DAX jumping over 320 points as falling oil prices boosted sentiment.