Technology shares led the S&P 500 lower today as a spike in bond yields fueled fears of equity valuations and caused investors to sell growth-focused high flyers.
Dow Jones finished -153 at 32,862
S&P 500 finished -59 at 3,915
NASDAQ finished -409 at 13,116
The 10 Year Treasury closed up 7 basis points yielding 1.71%
Oil prices closed down $5.39 ending at $59.21 a barrel.
Gold prices closed up $6.00 ending at $1,733 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...