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US Stocks Little Changed as Traders Parse Earnings: Markets Wrap

  • Fed-hike bets, growth risk have deepened yield curve inversion
  • The US jobs report on Friday will provide Fed policy clues
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WATCH: Ann Miletti of Allspring Global Investments says the recent market rally has been healthy but the volatility isn’t over yet.Source: Bloomberg
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US stocks wavered on Thursday as traders parsed various corporate earnings against a backdrop of aggressive interest-rate hikes by global central banks. The US yield curve remained inverted as recession fears persisted.

The S&P 500 ended the session little changed after fluctuating throughout the day. The Nasdaq 100 closed up higher for the second straight day after swinging between modest gains and losses.