12:42 PM EDT, 04/10/2024 (MT Newswires) -- US equity indexes sank while government bond yields surged as hotter-than-expected consumer price inflation lowered bets for an interest-rate cut in June to less than a fifth from half a day ago. The S&P 500 slumped 1.1% to 5,154.4, with the Nasdaq Composite down 1% to 16,143.5 and the Dow Jones Industrial Average...

(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * March CPI at 3.5% YoY vs 3.4% estimate * FOMC minutes of March policy meeting due at 2 p.m. ET * Indexes down: Dow 1.19%, S&P 1.07%, Nasdaq 1.11% (Updated at 11:20 a.m. ET/ 1520 GMT) By Shashwat Chauhan...

01:03 PM EDT, 04/10/2024 (MT Newswires) -- Broad Market Indicators Broad-market exchange-traded funds, including IWM and IVV, were trading lower. Actively-traded Invesco QQQ Trust (QQQ) was down 1.1%. US equity indexes sank while government bond yields surged as hotter-than-expected consumer price inflation lowered market expectations for an interest-rate cut in June. Energy iShares US Energy ETF (IYE) fell 0.4% and...

01:20 PM EDT, 04/10/2024 (MT Newswires) -- Energy stocks were lower Wednesday afternoon, with the NYSE Energy Sector Index decreasing 0.3% and the Energy Select Sector SPDR Fund (XLE) down 0.7%. The Philadelphia Oil Service Sector index was posting a 0.9% decline, and the Dow Jones US Utilities index tumbled 2.3%. Front-month West Texas Intermediate crude oil was fractionally lower...