{"id":32131,"date":"2023-10-19T23:39:47","date_gmt":"2023-10-19T23:39:47","guid":{"rendered":"https:\/\/innodebt.com\/business\/live-news-us-stocks-slip-despite-powells-cautious-speech\/"},"modified":"2023-10-19T23:39:47","modified_gmt":"2023-10-19T23:39:47","slug":"live-news-us-stocks-slip-despite-powells-cautious-speech","status":"publish","type":"post","link":"https:\/\/innodebt.com\/?p=32131","title":{"rendered":"Live news: US stocks slip despite Powell\u2019s cautious speech"},"content":{"rendered":"
\n

US stocks dipped and long-dated Treasury yields rose on Thursday, even as Federal Reserve chair Jay Powell signalled the central bank was unlikely to raise interest rates again in November.\u00a0<\/p>\n

The S&P 500 ended the day down 0.8 per cent, while the Nasdaq Composite fell nearly 1 per cent. Analysts attributed the move to volatility in markets related to the conflict in the Middle East, as well as poor earnings from Tesla.\u00a0<\/p>\n

In the Treasury market, two-year yields dropped 0.06 percentage points to 5.16 per cent after <\/p>\n

Powell indicated in a speech at noon that a quarter-point rate increase in November was unlikely. Still, 10-year Treasury yields climbed, reaching a fresh 16-year high just below 5 per cent.<\/p>\n<\/div>\n

Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

US stocks dipped and long-dated Treasury yields rose on Thursday, even as Federal Reserve chair Jay Powell signalled the central bank was unlikely to raise interest rates again in November.\u00a0 The S&P 500 ended the day down 0.8 per cent, while the Nasdaq Composite fell nearly 1 per cent. Analysts attributed the move to volatility […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","footnotes":""},"categories":[23],"tags":[],"class_list":{"0":"post-32131","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-business"},"yoast_head":"\nLive news: US stocks slip despite Powell\u2019s cautious speech | Innodebt<\/title>\n<meta name=\"description\" content=\"US stocks dipped and long-dated Treasury yields rose on Thursday, even as Federal Reserve chair Jay Powell signalled the central bank was unlikely to\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/innodebt.com\/?p=32131\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta 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