The US stock market fell slightly in early trading, and the rise in US bonds subsided. Investors are betting that the US Treasury's plan to lower borrowing costs may only be a short-term remedy, while another rise in oil prices further heightened market concerns about inflation. At 9:45 New York time, the S&P 500 index and Nasdaq 100 index fell 0.2%, and the Dow fell 0.7%. The Nasdaq index is likely to fall for the fifth day in a row. Walmart declined as sales fell short of expectations. The yield on US 30-year Treasury bonds recovered to the level before the Treasury announced an expansion of long-term treasury repurchases. Brent crude is hovering around $94 per barrel, and US President Donald Trump is threatening Iran's economy, making the prospects for ending the war even more bleak. Traders will now follow Federal Reserve Chairman Kevin Walsh's speech at the Jackson Hole Economic Policy Seminar next week to find clues about the path of interest rates.

The US stock market fell slightly in early trading, and the rise in US bonds subsided. Investors are betting that the US Treasury's plan to lower borrowing costs may only be a short-term remedy, while another rise in oil prices further heightened market concerns about inflation. At 9:45 New York time, the S&P 500 index and Nasdaq 100 index fell 0.2%, and the Dow fell 0.7%. The Nasdaq index is likely to fall for the fifth day in a row. Walmart declined as sales fell short of expectations. The yield on US 30-year Treasury bonds recovered to the level before the Treasury announced an expansion of long-term treasury repurchases. Brent crude is hovering around $94 per barrel, and US President Donald Trump is threatening Iran's economy, making the prospects for ending the war even more bleak. Traders will now follow Federal Reserve Chairman Kevin Walsh's speech at the Jackson Hole Economic Policy Seminar next week to find clues about the path of interest rates.