(Reuters) - NEW YORK, July 5 - U.S. stocks fell on Thursday,
dragged down by rising bond yields that countered early
optimism about the $20 billion buyout of Hilton Hotels Corp.
.
Stronger-than-expected job market news drove up Treasury
yields. Rising yields can lead to higher borrowing costs, which
can cut into corporate profits.
Read more at Reuters.com Bonds News
dragged down by rising bond yields that countered early
optimism about the $20 billion buyout of Hilton Hotels Corp.
.
Stronger-than-expected job market news drove up Treasury
yields. Rising yields can lead to higher borrowing costs, which
can cut into corporate profits.
Read more at Reuters.com Bonds News
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