Home / Market Update / Global Stock Market / NYSE Closes Lower as Treasury Yields Rebound

NYSE Closes Lower as Treasury Yields Rebound

The main indices of the New York Stock Exchange (NYSE) closed Tuesday lower, due to the rise in the benchmark 10-year U.S. Treasury bond yield to about 1.65%.

The Dow Jones Industrial Average lost 96.95 points, or 0.29%, to close at 33,430.24 points.

Meanwhile, the S&P 500 index fell by 3.97 points, or 0.10%, to finish at 4,073.94 points, after hitting a record intraday high earlier in the session.

The Nasdaq Composite Index slipped 7.21 points, or 0.05%, settling at the level of 13,698.38 points.

Check Also

Rising U.S. Inflation Expectations Shake EUR/USD as Central Bank Decisions Loom

The EUR/USD currency pair is facing a notable decline as the U.S. dollar strengthens following …