S&P 500 Falls as Oil Prices and Bond Yields Rise
Listen to the story
The stock market went down in the United States. The S&P 500 is a big list of 500 companies. It fell today. The Dow and the Nasdaq also fell.
Oil prices went up. This happened because of problems between the US and Iran. The two countries have a stalemate. This means they cannot agree and nothing changes.
Bond yields also went up around the world. A bond is like a loan. A yield is the money you get back from it. When yields go up, stocks often go down.
Tech stocks are shares in technology companies. These stocks fell too. This made the whole market weaker.
People who buy and sell stocks are watching Iran and the US closely. They want to see what happens next. This will change stock prices.
Vocabulary15 words
- stock market
- a place where people buy and sell parts of companies
- stalemate
- a situation where nothing changes because two sides do not agree
- bond yields
- the money you earn from lending money to a government or company
- tech stocks
- shares in technology companies
- Dow
- a list of 30 big US companies
- Nasdaq
- a list of many technology companies
- oil prices
- how much it costs to buy oil
- shares
- small parts of a company that people can buy
- market
- the place or system where things are bought and sold
- futures
- deals to buy or sell something at a later time
- tensions
- a difficult or unfriendly feeling between people or countries
- weigh on
- to make something go down or become worse
- global
- happening in the whole world
- elevated
- higher than normal
- loan
- money that one person or group gives to another to pay back later
Quiz
Answer key
1. It fell 2. Because of US-Iran tensions 3. True
Fill-in-the-blank listening
Play the audio again and fill in the missing words as you listen.
The stock market went down in the United States. The S&P 500 is a big list of _____ companies. It fell today. The Dow and the _____ also fell.
Oil prices went up. This happened because of problems between the US and _____. The two countries have a _____.
_____ also went up around the world. A bond is like a loan. When yields go up, stocks often go _____.
Tech _____ are shares in technology companies. These stocks fell too. This made the whole market _____.
People who buy and sell stocks are watching Iran and the US closely. This will change stock _____.
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