US Stocks Closing Mixed After Hitting Fresh 2022 Lows

Last Updated: Tuesday, September 27, 2022 4:00 PM | MT Newswires

US stocks were mixed ahead of the close on Tuesday after hitting fresh 2022 lows in midday trade, with data showing that consumer confidence growing above expectations and new-home sales logging an unexpected rise.

The Dow Jones Industrial Average fell 0.3% to 29,176.55 and the S&P 500 dropped 0.1% to 3,651.26, while the Nasdaq Composite swung into positive territory, up 0.3% to 10,837.62.

Consumer staples led the decliners while the energy sector was the top gainer.

The 10-year Treasury yield climbed 9.4 basis points to 3.97%, its highest in over a decade. The two-year rate was little changed at 4.30%, its strongest level since 2007.

West Texas Intermediate futures advanced 2.4% to $78.57 a barrel.

Gold was up 0.2% to $1,635.90 per troy ounce, while silver was down 1% to $18.35 per ounce.

Share this article:

Related Companies

You May Also Like

Related Articles

TSX Down Six Days In A Row; Stock Wise, TC Energy in Focus

Sector Update: Health Care Stocks Sputter at Close

Sector Update: Tech Stocks Lower Friday Afternoon

Sector Update: Consumer Stocks Continue to Weaken Near Friday Close

Strong Producer Price Data Drives Equities Lower

Related Companies