Major US stock indexes finished trading mostly in the red, being under pressure from falling shares of the technology sector and the industrial goods sector.
The pressure on the market also worried about the increase in the yield of Treasury bonds. The yield of 10-year US bonds - the benchmark of the cost of loans - today reached 2.9980%, which is the highest since January 2014. The rate of the five-year inflation swap - the key indicator of long-term inflation in the US - has reached its highest level in 3.5 years.
In addition, investors analyzed the statistics on the United States. As it became known, home sales in the secondary market grew strongly in March amid a resurgence of activity in the Northeast and Midwest, but the shortage of houses on the market and higher prices remain constraining factors as the spring sales season begins. The National Association of Realtors said that home sales in the secondary market increased seasonally by 1.1% to 560 million units. The pace of sales in February was not revised. This was the second consecutive monthly increase in home sales in the secondary market, which accounts for about 90% of sales in the US. Sales of housing in the secondary market in March fell by 1.2% year on year.
Most components of the DOW index recorded a rise (18 out of 30). Leader of the growth were shares of Merck & Co., Inc. (MRK, + 2.24%). Outsider were the shares of The Goldman Sachs Group, Inc. (GS, -1.95%).
Almost all sectors of S & P finished trading in the red. The greatest decrease was shown by the technological sector (-0.3%). The conglomerate sector grew most (+ 0.3%).
At closing:
Dow 24,448.89 -14.05 -0.06%
S&P 500 2,670.28 +0.14 +0.01%
Nasdaq 100 7,128.60 -17.53 -0.25%