S&P 500 set to snap three-day losing streak as yields drop on in-line inflation
PositiveFinancial Markets
The S&P 500 is poised to break a three-day losing streak as bond yields decline following inflation data that met expectations. This is significant because it suggests stability in the economy, encouraging investor confidence and potentially leading to a rebound in the stock market. As yields drop, borrowing costs may decrease, which can stimulate spending and investment.
— Curated by the World Pulse Now AI Editorial System