The US stock markets posted losses on Tuesday. At the close in New York, the Dow Jones Industrial Average settled at 49,363 points, marking a decline of 0.7 percent compared to the previous day’s close. Similarly, the broader S&P 500 dropped by 0.7 percent to approximately 7,355 points, while the tech-heavy Nasdaq 100 calculated around this time at 28,820 points, falling 0.6 percent.
Concerns about market stability on Wall Street were fueled by a renewed increase in US bond yields. The yield on ten-year US government bonds rose to 4.659 percent from 4.623 percent the day before, remaining at its highest level since early 2025. This shift makes fixed-income securities more attractive to investors compared to riskier stocks.
In other financial markets, the European common currency experienced weakness late on Tuesday, with the Euro priced at 1.1605 US dollars, translating to the dollar being available to buyers for 0.8617 Euros.
Precious metals also declined sharply; the price for a fine ounce of gold dropped to 4,486 US dollars in the evening, representing a decrease of 1.8 percent. This equated to a price of 124.27 Euros per gram.
Meanwhile, oil prices fell. At around 10 PM German time on Tuesday, a barrel of North Sea Brent crude cost 111.40 US dollars, which was 0.6 percent lower than the closing price of the previous trading day, amounting to 72 cents less.