<\/p>\n
\u00a0US stocks recorded strong losses at the close of the trading session yesterday, Thursday, February 10, as the three major indices lost more than 1.5% at the close, while the losses of the Nasdaq Composite Index, which specializes in the technology sector, exceeded 2% after being pressured by high inflation in the United States of America, which supported High yields on US Treasury bonds and caused a sharp sell-off in US stocks.<\/p>\n
Data released by the Bureau of Labor Statistics in the United States of America yesterday, Thursday, showed an increase in the CPI, which measures inflation, by 0.6% in January, after rising by about 0.4% in December, and the annual index rose over the past 12 months to 7.5% from 7% in December at its highest pace since 1981, better than expectations, which indicated a rise to 7.3%, while the annual core index rose to 6% from 5.5% (expectations 5.6%).<\/p>\n
These numbers pressured the financial markets during the session yesterday, Thursday, and caused a high volatility situation, especially as it caused the yield on the ten-year US Treasury bonds to rise by more than 5% and exceed the 2.00 levels for the first time since August 2019 after market expectations rose that the Fed would raise interest rates by half a point in March.<\/p>\n
The Dow Jones Industrial Average closed down by about (526) points at the close at 35.241 levels, a loss of about 1.47%, and is now trading in the futures for today’s session, Friday, at 34.919 levels, down by about 220 points.<\/p>\n
While the S&P 500 index recorded declines at the close at 4.504 levels, down by (83) points or 1.81%, and it is now trading in futures at 4.463 levels, down by about 34 points.<\/p>\n
While the Nasdaq index recorded losses by (304 points) to close the session at 14.185 points, recording declines of about 2.10%, and it is now trading in the futures, down by about 131 points.<\/p>\n
<\/p>","protected":false},"excerpt":{"rendered":"
\u00a0US stocks recorded strong losses at the close of the trading session yesterday, Thursday, February 10, as the three major indices lost more than 1.5% at the close, while the losses of the Nasdaq Composite Index, which specializes in the technology sector, exceeded 2% after being pressured by high inflation in the United States of […]<\/p>\n","protected":false},"author":1,"featured_media":3370,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"nf_dc_page":"","footnotes":""},"categories":[18],"tags":[],"class_list":["post-3369","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-18"],"acf":[],"yoast_head":"\n