Market is down as bond yields rise, with healthcare stocks struggling.
From Dow Jones & Company: 2025-01-14 11:56:06
The Dow Jones Industrial Average, S&P 500, and Nasdaq Composite all dipped as bond yields rose. The Dow fell by 0.2%, the S&P 500 by 0.3%, and the Nasdaq by 0.5%. The 10-year Treasury note yield hit 4.8%, with the 30-year yield at 4.99%. Despite a lower-than-expected producer price index initially boosting stocks, worries about future interest rates persisted. A decrease in the consumer price index could change the market’s direction, but for now, investors are waiting for upcoming earnings reports.
Read more at Dow Jones & Company: The Dow Turns Lower. Healthcare Stocks Are Struggling.
