Dow and S&P 500 Dip Amid Rising Treasury Yields and Rate Cut Speculations On Monday, the stock market experienced a downturn, with the Dow Jones Industrial Average falling 274.30 points (0.71%) to 38,380.12, and the S&P 500 declining 0.32% to 4,942.81, retreating from its recent record high influenced by Big Tech gains. The Nasdaq Composite also saw a slight decrease of 0.2%, closing at 15,597.68. This downward movement was largely attributed to a significant rise in Treasury yields, fueled by concerns that the Federal Reserve might not implement rate cuts as previously anticipated. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Goldman’s $2,175 Target READ MORE Gold Prices Can Keep Rallying, This Investing Pro Says. Here Are Her Picks. READ MORE Yellen Critiques Market Overreaction to Inflation Data READ MORE Potential Layoffs Ahead as Companies Brace for Interest RateHikes READ MORE From 68 Cents to $18: The Inflation Shockwave at McDonald's READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment
