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    U.S. Stocks Edge Higher, Yields Push Up, as Asian Markets Mostly Decline


    On Wednesday, Feb. 15, U.S. stocks experienced a slight increase, with the major equities indexes finishing in the green by the close of trading.[0] The Dow Jones Industrial Average saw an increase of 0.4%, while the S&P 500 rose by 0.1%.[1] The Nasdaq composite decreased by 0.7%, whereas the small-cap Russell 2000 increased by 0.2%.[2] Bond trading saw yields increase slightly.[3] The 10-year Treasury yield (US10Y) increased by 5 basis points to reach 3.81%, and the 2-year yield (US2Y) rose by 1 basis point to 4.63%.

    The S&P 500 experienced a 0.3% increase after transitioning from an early downturn to a positive growth trajectory throughout the day. The Dow Jones Industrial Average increased by 38 points, equaling a 0.1% gain, while the Nasdaq composite experienced a more significant 0.9% rise.[4] Airbnb (ABNB) jumped 13.4%, Roblox (RBLX) surged 25%, and G1 Therapeutics Inc (NASDAQ:GTHX) stock tanked 51.6% in premarket trading.[4]

    Despite the fact that initial claims were higher than anticipated, at 196,000 compared to the projected 190,000, the yield on the 10-year Treasury note still increased by 3 basis points to 3.68%. The number was higher than the 183,000 reported the week prior.[5] The two-year Treasury yield, which typically follows Fed forecasts, spiked to nearly 4.70 percent after the release of retail sales data, the highest it has been since November. This was a climb from the previous day's 4.62 percent and the overnight figure of less than 4.60 percent.[6] The rate then decreased to 4.60 percent.[4]

    At the start of trading on Monday, the Dow increased by 0.59% to 34,069.23, and the NASDAQ was up 0.65% to 11,793.71.[7] The S&P 500 increased by 0.52%, ending the day at 4 US investor sentiment improved, according to the CNN Money Fear and Greed index.[8]

    Most Asian markets ended the day in the red, apart from the Shanghai Composite in China, which ended the day 0.7% higher.[9] The Nikkei in Japan dropped 0.9%, in anticipation of the new Bank of Japan governor being introduced to the legislature on Tuesday.[9]

    0. “Markets Reverse Earlier Losses and Finish Higher” Investopedia, 15 Feb. 2023,

    1. “Stock Market Closed Mixed; Nasdaq Broke Its Winning Streak” Investor's Business Daily, 10 Feb. 2023,

    2. “Stock Market Indexes Pull Ahead In Final Hour; Etsy Posts Over 6% Gain” Investor's Business Daily, 15 Feb. 2023,

    3. “Dow, Nasdaq, S&P 500 overcome lingering Fed fears to end choppy session higher” Seeking Alpha, 15 Feb. 2023,

    4. “Stocks tick higher as hopes on economy joust rate fears” The Washington Post, 15 Feb. 2023,

    5. “Dow Jones Falters; Microsoft Has Growing AI Waitlist” Investor's Business Daily, 9 Feb. 2023,

    6. “Stocks tick higher as hopes on economy joust rate fears” Toledo Blade, 15 Feb. 2023,

    7. “US Stocks Open Higher; Dow Jumps 200 Points – Diebold Nixdorf (NYSE:DBD), ComSovereign Holding (NASDAQ:CO” Benzinga, 13 Feb. 2023,

    8. “Investor Optimism Improves Slightly As US Stocks Record Gains By Benzinga” UK, 14 Feb. 2023,

    9. “Stock Futures Tick Mostly Higher After Dismal Week” Schaeffers Research, 13 Feb. 2023,

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