Yahoo Finance Live's Brian Cheung examines afternoon movements in the stock and bond markets, as well as crude oil pricing in the energy sector.
BRIAN CHEUNG: Let's take a look at where stocks are trading in the final hour here on this Thursday afternoon. If you take a look at the big boards, you can see the Dow Jones down a quarter of a percent. The S&P 500 essentially unchanged from where it ended the day yesterday. And the NASDAQ, the tech stocks, doing relatively well on this Thursday, up about a 1/3 of a percent.
In the yield side of things, we see a little bit of movement in fixed income. When you take a look at the 10 year yield, after a little bit of Fed speak on this Thursday afternoon, down six basis points to 2.69%. But all the action really notable in the commodities market, where you take a look at a barrel of oil. Check this out, sub $90 on WTI Crude Oil, down to $88. We have not seen these levels since the war in Ukraine began. You can see Brent Crude Oil down 3% to $94 as well. A lot of movement on this Thursday, Dave.