# GLOBAL MARKETS-Stocks edge higher while euro falls with US Treasury yields

> Global stocks rose on January 25 while the euro fell to a six-week low near $1.082 after the ECB held rates. US fourth-quarter GDP grew at a 3.3% annualized pace, which pushed Treasury yields lower and supported the dollar. The S&P 500 closed at a record high.

- Date: 2024-01-25 · published 2024-01-25T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/32345-global-markets-stocks-edge-higher-while-euro-falls-with-us-treasury-yields
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

Stronger US growth data reduces expectations of quick Fed cuts, which keeps the dollar firm and pressures dollar-priced commodities. The effect on feed markets is indirect.

## Read by commodity

- DXY: bullish ▲
- EURUSD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2017-10-26 | [Euro drops after ECB trims stimulus; Treasury yields higher](https://feedsoft.ai/events/68670-euro-drops-after-ecb-trims-stimulus-treasury-yields-higher.md) | +0.4% | -1.2% |
| DXY | 2021-01-19 | [Surging US Treasury yields to affect global FX market: vice minister - The Korea Herald](https://feedsoft.ai/events/49391-surging-us-treasury-yields-to-affect-global-fx-market-vice-minister-the-korea.md) | +0.1% | +0.5% |
| DXY | 2023-11-30 | [Global stock index rises as dollar, Treasury yields climb with rates in focus \| Reuters](https://feedsoft.ai/events/33362-global-stock-index-rises-as-dollar-treasury-yields-climb-with-rates-in-focus.md) | +0.6% | -1.2% |
| DXY | 2023-09-21 | [Stocks fall, yields rise as central banks rattle markets](https://feedsoft.ai/events/34308-stocks-fall-yields-rise-as-central-banks-rattle-markets.md) | +1.7% | +2.3% |
| DXY | 2021-09-28 | [Dollar hits 10-1/2-month high as Treasury yields surge - Markets - Business Recorder](https://feedsoft.ai/events/45256-dollar-hits-10-1-2-month-high-as-treasury-yields-surge-markets-business-recorder.md) | +0.5% | -0.1% |
| EURUSD | 2017-10-26 | [Euro drops after ECB trims stimulus; Treasury yields higher](https://feedsoft.ai/events/68670-euro-drops-after-ecb-trims-stimulus-treasury-yields-higher.md) | -1.6% | +1.1% |
| EURUSD | 2021-02-26 | [Stock markets roiled by global bond whiplash \| Reuters](https://feedsoft.ai/events/9588-stock-markets-roiled-by-global-bond-whiplash-reuters.md) | -1.5% | -3.7% |
| EURUSD | 2024-11-06 | [Trump presidency lifts Wall St to record high; dollar, Treasury yields surge](https://feedsoft.ai/events/5809-trump-presidency-lifts-wall-st-to-record-high-dollar-treasury-yields-surge.md) | -3.2% | -3.2% |

## Sources

- finance.yahoo.com: https://finance.yahoo.com/news/global-markets-stocks-edge-higher-220326920.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.