U.S. stock indexes fell and Treasury yields rose on 11th May morning following the release of inflation data at 8:30 a.m. ET.

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As the report came amid a stretch of high volatility in markets.

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The S&P 500 sunk to its lowest level this year 9th May, before swinging wildly and edging up 10th May.

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It snapping a three-session losing streak.

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The S&P 500 was recently up 0.3%. The Dow Jones Industrial Average was recently up 0.3%.

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While the Nasdaq Composite Index was off 0.2%, the last 10-year Treasury yield was recently at 3.010%, up from 2.990% on 10th May.

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Investors are keeping eye on the inflation data for clues on the pace of the Federal Reserve's interest-rate rises.

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The consumer-price index rose to 8.3% in April, slightly above investors' forecasts, easing for the first time in months this year.

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Lotto Jackpot at $13 million before Monday’s Drawing

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U.S. stock indexes fell and Treasury yields rose on 11th May morning following the release of inflation data at 8:30 a.m. ET.

Finance News

May 11 2022