Overview
- The Dow Jones Industrial Average closed at 47,336.68, down 226.19 points on Nov. 3.
- The dollar traded at ¥154.15–154.25 at 5 p.m. New York time, a ¥0.21 depreciation of the yen from the prior close.
- The euro stood at $1.1514–1.1524 and ¥177.53–177.63 in late New York dealings.
- U.S. long-term Treasury yields rose as investors reassessed the timing and speed of Fed easing.
- The wider U.S.–Japan rate differential supported dollar buying against the yen and added pressure to equities.