Financial News
Written by: Yang Qian
2021-02-26 02:59
The last update date: 2021-02-26 04:52
The yield on the 10-year U.S. Treasury note rose to the highest 1.61% on Thursday.
Worries about inflation have forced the Fed to reduce debt purchases and even change its quantitative easing policy, which will affect stock market sentiment.
On Thursday, the Dow Jones Index fell more than 600 points and the Nasdaq fell more than 400 points.
04:40
The Dow fell 646 points, more than 2%; the Nasdaq fell 521 points, or 3.84%.
The S&P 500 fell nearly a hundred points, or 2.5%.
The $VIX panic index reached 30.44, up 9 points or 42.64%
04:30
Thirty minutes before the market closed, the Dow fell more than 600 points.
02:55
US stocks expanded their losses in midday Thursday, with the Dow fell more than 500 points; the Nasdaq fell 405 points, or 2.98%.
The 10-year U.S. Treasury yield once exceeded 1.61%.
In the crash, GME stock rose 86.7% to $170.
US stocks