Stock Market News Today, 5/23/25 – Futures Steady Amid Persistent Treasury Yield Worries

A controversial tax law and new customs threats from the US President further damage confidence in the US. Investors turn to Europe.

Stock Market News Today, 5/23/25 – Futures Steady amid Persistent Treasury Yield Worries

Detailed price information for Nasdaq QQQ Invesco ETF (QQQ-Q) from The Globe and Mail including charting and trades.

U.S. stock markets fall sharply as Treasury yields hit highest since 2023

Stocks sold off on Wednesday, pressured by a sharp rise in U.S. Treasury yields, as traders grew on concerns that a new U.S. budget bill would add to the country's already large deficit. The Dow Jones Industrial Average lost 816.80 points, or 1.91%, to 41,860.44. The S&P 500 fell 1.61% to 5,844.61. The Nasdaq Composite fell 1.41% to 18,872.64. The 30-year Treasury yield was last around 5.09%, hitting its highest level since October 2023. The ben…