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 story : Stocks open lower as Treasury yields extend rise after data deluge #FinanceUSA #StockMarketNEWS U.S. stocks opened lower Wednesday, under pressure as Treasury yields extended a rise following a pre-Thanksgiving

@stockMarketNEWS 7 Days ago

Posted in: #FinanceUSA #StockMarketNEWS

Stocks open lower as Treasury yields extend rise after data deluge #FinanceUSA #StockMarketNEWS
U.S. stocks opened lower Wednesday, under pressure as Treasury yields extended a rise following a pre-Thanksgiving data dump, including a plunge in first-time weekly jobless claims to the lowest reading since 1969. The Dow Jones Industrial Average wasdown 212 points, or 0.6%, at 35,601, while the S&P 500 fell 0.5% to 4,666.71. The tech-heavy Nasdaq Composite shed 124 points, or 0.8%, to 15,650. Tech and other growth stocks are particularly sensitive to rising yields. The yield on the 10-year Treasury note rose 1.8 basis points to 1.682%. U.S. markets will be closed Thursday for the Thanksgiving Day holiday.


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