From Nasdaq: 2024-04-02 12:51:31

Stock indexes are lower this morning with the S&P 500, Dow Jones Industrials, and Nasdaq 100 falling to 1-1/2 week lows due to higher bond yields. US economic news showed positive Feb JOLTS job openings and factory orders ahead of the Fed rate decision. Bitcoin is down over -5% on slumping demand and strong US economic news. Overseas markets are mixed. German and UK bond yields are higher. US stock movers include health insurance and Tesla. Homebuilding stocks are down as the 10-year T-note yield rises. Cryptocurrency-linked companies are falling. Energy stocks are up with rising oil prices. Earnings reports today include Cal-Maine Foods, Dave & Buster’s, DZS Inc, and Paychex Inc.

Read more at Nasdaq: Stocks Fall as Bond Yields Climb on Strong US Economic News