US stocks ended mixed on Thursday with the S & P 500 index edged down as yields on bonds rallied and technology stocks retreated before the release of a series of heavyweight technology companies.

This week's stock market ups and downs. Strong corporate earnings release posted by the central banks around the world easing loose monetary policy lead to rising bond yields offset by. S & P 500 index is expected to record the first weekly decline in five weeks.

The Federal Reserve Board (FED / Federal Reserve) on Wednesday kept the federal funds target rate unchanged, but hawkish views on inflation outlook.

The U.S. bond yields continued to climb, with economic indicators released earlier that appeared to confirm the Federal Reserve's inflation view.

Lower initial jobless claims than expected, indicating strong labor market. ISM data show that the price paid by the US factory hit a seven-year high and the labor cost in the fourth quarter rose 2%, adding to inflation concerns.

The Dow Jones Industrial Average DJI closed 37.32 points or 0.14% higher at 26,186.71 and the S & P 500 ended the day 1.28 points or 0.06% lower at 2,821.98. Nasdaq Composite Index closed down 25.62 points, Or 0.35% to 7,385.86 points.

<>US stocks give up earlier gains due to the U.S. bond yields rise
<>US stocks give up earlier gains due to the U.S. bond yields rise

 

PREVIOUS:US stocks out of session due to the Fed expected inflation to rise this year        NEXT:International oil prices rose due to strict implementation of OPEC cut