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 Wholesale Silver Bullion: From Ancient Trade to Modern Investments READ MORE People in China are so spooked about the economy that even the weak yuan isn’t stopping them from buying more gold READ MORE US consumers on lower incomes face loan stress while banks pull back READ MORE What's Next for Gold After 2023's Record Total Demand? READ MORE Add a Comment Cancel replyYour email address will not be published.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
