Treasuries Rise on Mixed Data; Stocks Advance: Markets Wrap - Bloomberg

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Treasuries Rise on Mixed Data; Stocks Advance: Markets Wrap  Bloomberg

Treasuries advanced as traders assessed mixed data from the world’s largest economy ahead of Friday’s jobs report. Stocks gained on optimism Mexican tariffs will be avoided. The two-year bond yield fell toward the lowest since December 2017 as weak private jobs data outweighed a report showing a service-industries gauge beat estimates. The Dow Jones Industrial Average outperformed major gauges as Boeing Co. surged after Bloomberg News reported the company has been negotiating one of the largest orders ever of wide-body jetliners with Chinese airlines. Oil tumbled as U.S. fuel supplies jumpe...

https://www.bloomberg.com/news/articles/2019-06-04/stocks-in-asia-to-rally-as-fed-signals-ready-to-act-market-wrap

2019-06-05 15:31:00Z
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