Reported about 1 month ago
The stock market saw a decline on Wednesday, impacted by rising Treasury yields and uncertainty over interest rate cuts, as the Dow industrials fell over 400 points. The Nasdaq plummeted by approximately 1.6%, led by losses in major tech stocks ahead of Tesla's earnings report. Despite reporting stronger-than-expected earnings, Tesla's stock bounce came after a general downturn in tech, while Boeing faced a significant quarterly loss amidst union negotiations.
Source: YAHOO