From Yahoo Finance: 2024-05-29 11:10:36

The stock market took a hit today as the Dow led a downward slide due to rising Treasury yields causing investor anxiety. Treasury yields reached levels not seen in over a year, contributing to the nervousness among traders and leading to a sell-off in the market. This decline marks a significant shift in the recent upward trend of the stock market. Investors are closely monitoring the situation to gauge the impact on various sectors and individual stocks. The stock market’s reaction to rising Treasury yields is a key development drawing attention from experts and analysts alike.



Read more at Yahoo Finance: Stock market today: Dow leads stock slide as rising Treasury yields rattle nerves – Yahoo Finance