Stock Market Update
12-Mar-25 15:35 ET
Treasuries settle with losses
Dow -25.90
at 41407.27,
Nasdaq +216.26
at 17652.35,
S&P +32.61
at 5604.68
[BRIEFING.COM] The major indices all trade near their best levels of the session heading into the close.
Treasuries settled with losses. The 10-yr yield rose three basis points to 4.32% and the 2-yr yield rose five basis points to 3.99%. On a related note, today's $39 billion 10-yr note reopening received solid demand.
Looking ahead, market participants receive the following economic data on Thursday:
- 8:30 ET: February PPI (Briefing.com consensus 0.3%; prior 0.4%), Core PPI (Briefing.com consensus 0.3%; prior 0.3%), weekly Initial Claims (Briefing.com consensus 228,000; prior 221,000), and Continuing Claims (prior 1.897 mln)
- 10:30 ET: Weekly natural gas inventories (prior -80 bcf)
