Reported about 21 hours ago
On Thursday, Wall Street's main indexes fell in light trading as rising government bond yields pressured shares, particularly impacting rate-sensitive sectors like real estate and consumer discretionary. Despite hopes for a year-end boost from the traditional Santa Claus rally, investors are wary due to the Federal Reserve's interest rate projections and high valuations, with the S&P 500 and Nasdaq recently showing signs of slowdown after a successful November.
Source: YAHOO