US STOCKS-Wall Street Ends Lower, Off Record Highs, as Treasury Yields Climb
7 Articles
7 Articles
Wall Street ends lower as Treasury yields climb
Wall Street closed lower on Wednesday, as long-dated US Treasury yields resumed their climb, reviving fears about inflation and mounting debt the day after the S&P 500 and the Nasdaq hit record closing highs. All three major US stock indexes were modestly lower, with the S&P 500 and the Dow snapping four-day winning streaks. The Nasdaq notched its first down day in six. Brent crude settled above US$100 per barrel and long-dated Treasury yields t…
Wall Street closed lower. US Treasury bond yields reached their highest level in more than two decades, putting pressure on the stock market.
The New York Stock Exchange closed lower on Friday as U.S. Treasury yields rose to their highest level since 2002, reigniting fears about inflation and rising debt. The Dow Jones industrial average closed down 341.41 points, or 0.66%, at 51,179.87. The Nasdaq Composite, which is dominated by […]
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