Falling oil prices help calm the stock and bond markets
- Oil prices fell again, with Brent crude decreasing by 3.6% to $87.27.
- The S&P 500 rose 0.3%, nearing its all-time high set earlier this month.
- The Dow Jones Industrial Average added 160 points, or 0.3%.
- The yield on the 10-year Treasury fell to 4.63%, down from 4.70% on Monday.
- Concerns about high inflation were eased by the drop in oil prices.
Oil prices fell again on Tuesday, which helped ease worries in the bond market and support stock prices. The S&P 500 rose 0.3% and edged a bit closer to its all-time high set earlier this month. The Dow Jones Industrial Average added 160 points, or 0.3%, and the Nasdaq composite climbed 0.7%.
The price for a barrel of Brent crude fell 3.6% to $87.27 for a second decline following 13 gains in 14 days. This drop came even as tensions between the United States and Iran increased after new sanctions were announced by the Trump administration.
Tuesday’s drop in oil prices reined in worries about high inflation, which had helped drive Treasury yields higher in the bond market through the summer. The yield on the 10-year Treasury fell to 4.63% from 4.70% late Monday. This is a significant move for the bond market, although the yield remains above its pre-war level.
油价下跌有助于平抚股票和债券市场
油价在周二再次下跌，这有助于缓解债券市场的担忧并支持股票价格。标准普尔500指数上涨0.3%，接近本月创下的历史高点。道琼斯工业平均指数上涨160点，或0.3%，纳斯达克综合指数上涨0.7%。
布伦特原油价格下降3.6%，至87.27美元，这是在14天内的13次上涨后再次下跌。尽管美国与伊朗之间的紧张关系加剧，但这一跌幅仍然出现，因为特朗普政府宣布了新的制裁。
周二油价的下跌缓解了对高通胀的担忧，这种担忧在夏季推动了债券市场的国债收益率上涨。10年期国债收益率从周一的4.70%降至4.63%。这对债券市场而言是一个显著的变化，尽管收益率仍高于战争前的水平。