Friday, December 27, 2024

US stocks open lower as Treasury yields rise

Tuesday, February 28, 2023, 14:42
This news item was posted in Business category and has 0 Comments so far.

Wall Street’s main indexes fell at the open on Tuesday as Treasury yields rose on bets of more interest rate hikes from the Federal Reserve. The Dow Jones Industrial Average fell 15.62 points, or 0.05%, at the open to 32,873.47. The S&P 500 opened lower by 5.05 points, or 0.13%, at 3,977.19, while the Nasdaq Composite dropped 15.93 points, or 0.14%, to 11,451.05 at the opening bell. More to come….

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