Markets
Weekend US Markets Wrap: Stocks slip as optimism fades
The S&P 500 drop deepened to down 0.7% while the Nasdaq 100 slid 0.9%
US stocks slumped in the Friday afternoon session while bond yields climbed as traders assessed an unexpected jump in long-term inflation expectations and a fresh warning on the debt-ceiling.
The S&P 500 drop deepened to down 0.7% while the Nasdaq 100 slid 0.9% after the results of a preliminary University of Michigan sentiment survey showed consumers expect prices to rise at a 3.2% annual rate over the next five to 10 years, the highest since ...
