[코리아포스트 한글판 김나진기자] The New York stock market ended in a mixed tax by index. The US Treasury yield (interest rate) fell slightly, and the Nasdaq rebounded, but the Dow and Standard & Poor’s (S&P) 500 index fell on mixed indicators.
◇Nasdaq rebounded 0.6%
On the 26th (local time), the Dow index recorded 3,932.37, down 469.64 points (1.50%) from the battlefield. The S&P500 index also fell 18.19 points (0.47%) to 3811.15.
On the other hand, the Nasdaq index rose 72.96 points (0.56%) to 13,3192.34.
During the week, the last trading day in February, the Dow fell 1.8%, S&P 2.45%, and Nasdaq 4.92%. On the other hand, monthly, the Dow increased by 3.15%, S&P by 2.6%, and Nasdaq by 0.93%.
◇ 10-year interest rate declined by 10bp
Interest rate anxiety has subsided somewhat, but the stock market has also diverged due to the mixed indicators.
Consumption expenditure increased last month, but it was not as expected and prices were higher than expected. Personal consumption expenditure (PCE) in January rose 0.3%, higher than expected 0.2%. However, it was in line with expectations at 1.5% compared to the same month last year.
As of 4:48 pm on the same day, the 10-year Treasury bond yield (interest rate) fell 10bp (1bp=0.01%p) to 1.41%. The previous day, as the intraday soared more than 1.6%, fear of an interest rate seizure hit the stock market, and the three indexes plunged at once.
As interest rate anxiety subsided, most technology stocks rose. Apple, Amazon, Microsoft (MS), and Alphabet all rose 0.2-1.4%. As a result, the Nasdaq index, centered on technology stocks, rebounded to 1.9% during the intraday, but the rise fell to 0.7%.
◇ Tesla fell 1%, Gamestop fell 6.4%
Of the 11 sectors in the S&P500, three rose and eight fell. Technology rose 0.6%, consumer discretionary 0.58%, telecom 0.03%, followed by financial 1.97%, real estate 1.82%, and consumer staples 1.63%.
In anticipation of the economic resumption this month, the value stock was remarkable. Energy stocks rose 4.3% this week and jumped more than 21% this month. Financial stocks also rose 11% in interest rate surge this month.
Tesla fell 1%, and Arc Innovation Listed Fund (ETF) rose 0.7%. Gamestop, which soared for two days in a row, fell 6.4% to $101.74. Salesforce fell 6.3% on disappointing earnings.
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