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Source: المشهد العربي
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U.S. stocks declined at the beginning of the trading session, pressured by the technology sector, despite a drop in U.S. Treasury yields which saw a decline amid reports that the government is relying on its account balance to fund long-term debt buyback programs instead of issuing new debt instruments. The Dow Jones Industrial Average rose slightly to reach 53,341 points (+0.10%), while the S&P 500 fell to 7,655 points (-0.20%), and the Nasdaq dropped to 26,041 points (-0.55%). Markets are awaiting Federal Reserve Chair "Kyoung Woor"’s anticipated speech at the Jackson Hole symposium, along with significant inflation data to be released later in the week.
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