US stocks: US market opens lower as bond yields climb
Major US stock indexes opened lower on Thursday. Rising government bond yields hurt investor sentiment significantly. Retail giant Walmart reported a rare sales miss, disappointing many. The Dow Jones Industrial Average fell 81.8 points at the ...
By Reuters |
AP
Stocks are mostly rising in early trading on Wall Street and Treasury yields are falling after the government reported that employers unexpectedly cut 23,000 jobs last month.
The main U.S. indexes opened lower on Thursday as a rebound in government bond yields hurt sentiment, while retail bellwether Walmart's rare sales miss disappointed investors.
The Dow Jones Industrial Average fell 81.8 points, or 0.15%, at the open to 53381.22. The S&P 500 fell 17.5 points, or 0.23%, at the open to 7690.49, while the Nasdaq Composite dropped 119.6 points, or 0.45%, to 26211.52 at the opening bell.
More to come...
The Dow Jones Industrial Average fell 81.8 points, or 0.15%, at the open to 53381.22. The S&P 500 fell 17.5 points, or 0.23%, at the open to 7690.49, while the Nasdaq Composite dropped 119.6 points, or 0.45%, to 26211.52 at the opening bell.
More to come...
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