US stocks trade mixed as bond yields climb on the Bank of Japan's surprise hawkish policy pivot

Dec 20 2022 by Business Insider

 
A trader works on the floor of the New York Stock Exchange (NYSE) in New York, U.S., October 23, 2018.

REUTERS/Brendan McDermid

US stocks were mostly lower on Tuesday as investors continue to struggle to spark a Santa Claus rally.  The Bank of Japan made a surprise benchmark rate increase. The yen jumped on the move.  Nike and FedEx are set to report earnings are set to report earnings after the closing bell. 

US stocks traded mixed Tuesday as the Bank of Japan took a surprise hawkish turn...

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