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 New Study Exposes 'Greedflation' Impact READ MORE Ukrainian Drones Strike Deep, Hitting Major Russian OilRefinery READ MORE Fed Is ‘Not Far’ From Confidence Needed to Cut Rates, Powell Says READ MORE Gold Ignores Negative News: Bulls Overexuberant? READ MORE Gold Has Surged To New All-Time Highs READ MORE Add a Comment Cancel replyYour email address will not be published.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
