US stock markets registered losses on Tuesday. The Dow Jones Industrial Average closed in New York at 49,363 points, marking a decline of 0.7% compared to the previous trading day. Similarly, the broader S&P 500 was down 0.7% at approximately 7,355 points, while the technology-focused Nasdaq 100 calculated at around 28,820 points fell by 0.6%.
The poor mood on Wall Street was fueled by a renewed rise in US bond yields. The return on ten-year US Treasury bonds climbed to 4.659%, up from 4.623% the day before, reaching its highest level since early 2025. This shift makes fixed-income investments appear more attractive to investors than riskier stocks.
Meanwhile, the European currency weakened on Tuesday evening. The euro cost 1.1605 dollars, meaning the dollar exchanged for 0.8617 euros.
The price of gold fell noticeably. For a fine ounce, the cost was $4,486 in the evening, representing a drop of 1.8%. This equates to a price of 124.27 euros per gram.
Oil prices also declined. As of late Tuesday evening, a barrel of Brent North Sea crude cost $111.40, an amount that was 72 cents, or 0.6%, lower than the close of the previous trading day.
