Wall Street încheie pe minus, pe fondul scumpirii petrolului și al randamentelor de 5% la titlurile de stat

Wall Street closed lower as Brent crude oil prices rose to $108.75 per barrel and U.S. 10-year Treasury yields surpassed 5% for the first time in 2023. The S&P 500 fell by 0.4%, Dow Jones by 0.6%, and Nasdaq by 0.8%. Higher yields increase financing costs and make bonds more attractive compared to stocks. The rise in oil prices raises inflation concerns, complicating the Federal Reserve's monetary policy decisions. Consumer discretionary stocks saw significant declines, with Chipotle and Darden Restaurants dropping notably. AI sector stocks showed more stability, with Nvidia and AMD experiencing slight gains. Overall, major global indices also ended lower, reflecting broader market trends.