Stocks push higher, bonds slip on Trump comments

  • Date: 08-Jan-2020
  • Source: Emirates Business
  • Sector:Financial Markets
  • Country:GCC
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Stocks push higher, bonds slip on Trump comments

Bloomberg US stocks extended gains and Treasuries turned lower after President Donald Trump toned down rhetoric against Iran, suggesting further military force is not needed. The S&P 500 pushed to a fresh intraday record after Trump said Iran appears to be "standing down,“ and announced further sanctions on the country. Ten-year Treasury yields rose after ...