S&P 500 Flat as Falling Yields Lift Tech But Weigh on Financials
- Date: 09-Jun-2021
- Source: Investing.com
- Sector:Financial Markets
- Country:Gulf
S&P 500 Flat as Falling Yields Lift Tech But Weigh on Financials
By Yasin Ebrahim
Investing.com – The S&P 500 was flat Wednesday, as slip in U.S. bond yields supported tech but hurt bank stocks amid signs that investors are buying into the Federal Reserve's view that inflation is transitory ahead of Thursday's consumer price report.
The rose 0.04%, the was up 0.1%, or 40 points, and the was up 0.10%.