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 China’s gold markets under strain READ MORE Major Win for Consumers: Credit Card Late Fees Reduced by CFPB Ruling READ MORE America Blew Almost $2 Trillion. Make It Stop: Kathryn Edwards READ MORE Concerns Arise Over CPI Data Accuracy with Response Rates Lagging READ MORE Fed’s dovish pivot ‘inertia’ may spell trouble for long-term bonds, BlackRock says READ MORE Add a Comment Cancel replyYour email address will not be published.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