US stocks edge down from their record after oil prices climb 5%
- The U.S. stock market edged down from its all-time high on Monday.
- The S&P 500 slipped 0.1% from its record set on Friday.
- Oil prices rose 5% to $87.72 per barrel amid uncertainty about the Strait of Hormuz.
- Higher oil prices may push inflation upward, impacting expectations for interest rate changes by the Federal Reserve.
- The yield on the 10-year Treasury rose to 4.70% from 4.65% late Friday.
The U.S. stock market edged down from its all-time high on Monday, while oil prices rose on uncertainty about when the Strait of Hormuz could reopen and get the global flow of crude going again.
The S&P 500 slipped 0.1% from its record set on Friday. The Dow Jones Industrial Average dipped 60 points, or 0.1%, and the Nasdaq composite fell 0.3%.
In the oil market, the price for a barrel of Brent crude rose 5% to $87.72. Higher oil prices push inflation upward, and the main event for Wall Street this week will likely be Wednesday’s update on how bad inflation was last month.
The yield on the 10-year Treasury rose to 4.70% from 4.65% late Friday, which has already sent rates for mortgages and other kinds of loans significantly higher.
美国股市在油价上涨5%后略微回落
美国股市在周一略微回落，未能保持历史最高点，同时油价因霍尔木兹海峡何时重新开放的不确定性而上涨。
标准普尔500指数较周五创下的纪录下滑了0.1%。道琼斯工业平均指数下跌60点，或0.1%，纳斯达克综合指数下跌0.3%。
在油市，布伦特原油每桶价格上涨5%，达到87.72美元。油价上涨可能推动通货膨胀上升，本周华尔街的主要事件可能是周三关于上个月通货膨胀情况的更新。
10年期国债收益率从周五的4.65%上升至4.70%，这已经导致抵押贷款和其他贷款的利率显著上升。