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 European Central Bank should cut in June to avoid falling behind inflation curve, policymaker says READ MORE UAE Aims for Gold Standard in Online Trading Transparency READ MORE De-Dollarization Accelerates as 20 Nations Sign On to Russian Financial System READ MORE Global silver production to grow by 4.1% in 2024, amid operation resumption READ MORE How & Where to Buy Gold Coins [2024 Buying Guide] READ MORE Add a Comment Cancel replyYour email address will not be published.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
