Equities Close Lower, Yields Rise, Yen Slumps after BoJ Talks Down Rate Increases

August 08, 2024, 05.45 AM | Source: Reuters
Equities Close Lower, Yields Rise, Yen Slumps after BoJ Talks Down Rate Increases

ILUSTRASI. Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., June 12, 2024. REUTERS/Brendan McDermid

WALL STREET - NEW YORK/LONDON. Wall Street equity indexes closed lower after Wednesday's choppy session while a bond auction pushed Treasury yields higher and the dollar rose against the yen after cautious central banker comments.

Oil prices rose after a bigger-than-expected draw in U.S. crude stockpiles and on potential escalation in the Middle East, even as investors worried about weak demand in China.

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