Reported 4 months ago
On Wednesday, major US stock indexes faced declines due to higher bond yields, with the S&P 500 falling 0.7%, the Dow Jones Industrial Average losing 1.1%, and the Nasdaq composite dropping 0.6%. Notably, American Airlines Group's reduced profit forecast and a rise in Treasury yields to 4.61% contributed to the broad stock market decline. The Russell 2000 index also fell by 1.5% on the day.
Source: YAHOO