Treasuries rose after a rough first half, as weak economic data fueled recession fears. Low volume ahead of Monday's US holiday exacerbated a late-day rebound in stocks.
Bond yields fell, with
The stock market struggled to find direction on Wednesday, as traders weighed comments from central bank chiefs on the economy's and interest rate outlooks.
The S&P 500 finished almost flat and
A sell-off in big tech weighed heavily on stocks, with gains in the broader market sputtering as a report showed Americans became more pessimistic about the economy's prospects.
Traders were hit
US stocks rebounded this week from a rout that drove the market down for three straight weeks after recent comments from the Federal Reserve officials buoyed sentiment and reading on
As concerns that the economy is headed for a recession increased due to weaker-than-expected statistics and a renewed hawkish tone from federal reserve officials, US stocks increased and Treasuries surged.
On
Investors debated whether last week's selloff had gone far enough to price in concerns about increasing rates and slower growth as US index futures and equities in Europe rebounded on