Stock Market Update
13-Jan-25 15:35 ET
Treasury yields settle higher; 30-yr yield at 4.99%
Dow +306.60
at 42245.05,
Nasdaq -134.55
at 19027.08,
S&P -2.61
at 5828.05
[BRIEFING.COM] The major indices trade near session highs ahead of the close. The Nasdaq Composite is still 0.7% lower and the S&P 500 trades down about two points while the Dow Jones Industrial Average trades up 0.7%.
The 10-yr yield rose another three basis points today to 4.80% and the 2-yr yield settled unchanged at 4.40%. The 30-yr bond yield settled just below 5.00%, up two basis points to 4.99%.
Looking ahead, Tuesday's economic lineup features:
- 6:00 ET: December NFIB Small Business Optimism (prior 101.7)
- 8:30 ET: December PPI (Briefing.com consensus 0.3%; prior 0.4%) and Core PPI (Briefing.com consensus 0.2%; prior 0.2%)
