US stocks open flat ahead of Bessent press conference

handelsblatt.com (German)

US stock markets opened nearly flat on Monday, with the Dow Jones unchanged at 53,347 points, the S&P 500 slightly down, and the Nasdaq falling 0.6 percent. Treasury yields eased slightly but remain near multi-year highs, with the 10-year note at 4.71 percent. Investors are focused on Treasury Secretary Scott Bessent's press conference detailing new sanctions against Iran. The quiet session precedes a busy week, including the PCE inflation index, Nvidia's earnings, and the Jackson Hole symposium starting Thursday. Fed Chair Kevin Warsh's Friday speech is highly anticipated.


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