he New York Stock Exchange (NYSE) closed Tuesday with relatively small losses, as Wall Street investors were impacted by the tech sector losses that resulted from a surge in Treasury bond yields to their highest level in about 14 months.<\/p>\n\n\n\n
The Dow Jones Industrial Average declined by 104.41 points, or 0.31%, to finish at 33,066.96 points.<\/p>\n\n\n\n
The S&P 500 index lost 12.54 points, or 0.32%, and closed at 3,958.55 points.<\/p>\n\n\n\n
Meanwhile, the Nasdaq Composite Index fell by 14.25 points, or 0.11%, to end the session at 13,045.39 points. The index is close to ending the month in losses for the first time since November 2020, losing about 7%.<\/p>\n\n\n\n
Earlier today, the benchmark U.S. 10-year Treasury bond yield reached 1.776%, its highest level since late January.<\/p>\n\n\n\n
In addition, markets are anticipating an announcement by President Joe Biden on his infrastructure plan, which is expected to be see financed through tax hikes to fund around $4 trillion in public spending.<\/p>\n","protected":false},"excerpt":{"rendered":"
he New York Stock Exchange (NYSE) closed Tuesday with relatively small losses, as Wall Street investors were impacted by the tech sector losses that resulted from a surge in Treasury bond yields to their highest level in about 14 months. The Dow Jones Industrial Average declined by 104.41 points, or 0.31%, to finish at 33,066.96 …<\/p>\n","protected":false},"author":10,"featured_media":32224,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[39,36],"tags":[6862],"class_list":["post-43673","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-global-stock-markets","category-market-updates","tag-wall-street"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/43673","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=43673"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/43673\/revisions"}],"predecessor-version":[{"id":43674,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/43673\/revisions\/43674"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/32224"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=43673"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=43673"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=43673"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}