Market Recap: Rising 10-Year Yields and Falling Stocks

Reported about 7 hours ago

On October 7, 2024, major stock indices like the Dow Jones, Nasdaq, and S&P 500 closed lower, reversing gains from the previous session driven by encouraging jobs data. Market trends showed an increase in 10-year Treasury yields, which contributed to a slowdown in interest rate-sensitive stocks, as analyzed by Yahoo Finance's senior markets reporter Josh Schafer.

Source: YAHOO

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