General
US stocks come off record highs ahead of inflation data and corporate earnings
Wall Street has ended lower as investors await the upcoming corporate earnings season and a key inflation report later this week.
The indexes had closed at record highs on Friday, after rallying for days on a pullback in the benchmark 10-year US Treasury bond yield from 14-month highs.
US consumer price data for March will be released tomorrow and this could drive Treasury yields higher.
Big Wall Street names are due to kick off earnings season as well, giving new catalysts to buy or sell stocks in a record-high market.
-
Noosa News22 hours agoLaidley e-scooter death: Tragic new details after Summah Richards killed in freak accident
-
General23 hours agoMinjee Lee rallies after third-round meltdown to share fifth place at LA Championship
-
General16 hours agoUkraine says Russia has ramped up attacks despite ‘Easter truce’
-
General21 hours agoEaster drowning toll in NSW rises after fisherman swept off rocks in Sydney’s south