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US Stocks Ignore Rising Inflation

Grace Carey | Moments | Getty Images

This report is from today’s CNBC Daily Open, our new international market newsletter. CNBC Daily Open provides investors with everything they need to know, wherever they are. like what you see?can subscribe here.

Inflation in the US is starting to worsen again. But stocks pretty much brushed it off.

What you need to know today

  • US stocks Closed Tuesday MixedThe Dow Jones Industrial Average and S&P 500 edged lower, while the Nasdaq Composite rose.Asia-Pacific equities after strong trading day most ended up belowonly the Shanghai General and Shenzhen configurations of China remain green.
  • US Treasury Yield climbed After a hotter-than-expected inflation report. Notably, 6-month Treasuries closed at 5.022%, the highest yield since July 2007.
  • Professional US Treasury yields are rising again. Yields on 10-year Treasuries hit a five-week high this week, while 2-year Treasury yields rose 0.41 percentage points in February alone.like this the pros will play in the market.


https://www.cnbc.com/2023/02/15/stock-markets-us-stocks-shrug-off-hot-inflation-numbers.html US Stocks Ignore Rising Inflation

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