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:
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