U.S. stocks fell sharply today as a rapid rise in bond yields spooked investors, who rushed to dump risk assets, especially high-flying technology names.
Dow Jones finished -560 at 31,402
S&P 500 finished -96 at 3,829
NASDAQ finished -479 at 13,119
The 10 Year Treasury closed up 13 basis points yielding 1.52%
Oil prices closed up $0.19 ending at $63.41 a barrel.
Gold prices closed down $27.00 ending at $1,771 an ounce.
In the days’ stock news:
U.S. stocks rose on Friday as better-than-expected third-quarter earnings reports...
Stocks closed up today after a slew of earnings results...
Stocks closed up today as investors digested new earnings data...