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Wall Street closes little changed after rebounding with bond yields

2019-08-08 1 Dailymotion

뉴욕증시<br /><br />Wall Street closed little changed on Wednesday as a sharp decline in bond yields stabilized to temper worries over slowing economic growth.<br />The S&P 500 recovered from steep early losses to end slightly higher by less than point-1 percent, the Nasdaq Composite finished point-4 percent higher and the Dow Jones Industrial Average fell roughly one-tenths of a percent.<br />South Korean shares fell for a sixth straight session on Wednesday, as worries over U.S., China trade war persisted, but the losses were capped by China's move to stabilize the yuan. <br />The benchmark KOSPI closed down point-4 percent at 19-09-point-7.<br />The tech-heavy KOSDAQ<br />Oil prices extended already sharp declines after an unexpected build in U.S. stockpiles, its first in eight weeks, added selling pressure to concerns over a global slowdown. <br />U.S. benchmark WTI slumped nearly 4-percent to 51-62 a barrel while the London-traded Brent crude futures sank 3-point-2 percent to 57-03 a barrel. <br />

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