This Thursday the applications for unemployment insurance in the United States were also known, which had a drop of 5,000 people. This was a signal that was being paid attention to because it is an indicator for the Federal Reserve to make a rate adjustment. Investors’ concern revolves around how long the rise will be and how long it will last.
The 10-year Treasury yield rose to its highest level since June 21, while technology and growth stocks such as Apple Inc, Amazon.com, Tesla Inc and Microsoft Corp fell between 0.3% and 1, 8%.
In parallel, the dollar appreciates and reaches its maximum in two decades against other currencies.
Wall Street futures repeat the trend that was consolidated on Wednesday, when the shares of that country closed the month with the worst performance of August in seven years.
Source: Ambito
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