Standard & Poor's and Nasdaq are down for the second week in a row

The Standard & Poor's and the Nasdaq fell for the second week in a row, which is the first time this year that the Nasdaq has declined for two consecutive weeks, and the yield on two-year US Treasury bonds, which moves in line with near-term interest rate expectations, rose to 4.88%.

The data showed that the consumer confidence index in the United States fell to 71.2 in August from 71.6 in July, one-year inflation expectations fell to 3.3% in August from 3.4% in July, and five-year inflation expectations fell to 2.9% in August from 3.0% in July.

The Standard & Poor's 500 index declined by 4.52 points, or 0.10% to 4,464.31 points, and the Nasdaq Composite Index fell 73.83 points, or 0.54%, to 13,647.20 points, while the Dow Jones Industrial Average rose 105.52 points, or 0.30%, to 35,281.67 points.

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