Stocks Drop as Mideast Tensions, Treasury Yields Weigh

With the S&P 500 coming off its biggest one-day percentage drop since Jan. 31 in the prior session, stocks opened higher in part after data showed retail sales increased by more than expected in March.

But gains faded over concerns the hostilities between Israel and Iran could continue to flare, and Treasury yields jumped, with the benchmark 10-year U.S. Treasury note hitting its highest level since November. According to preliminary data, the S&P 500 lost 61.79 points, or 1.21%, to end at 5,061.62 points, while the Nasdaq Composite lost 289.93 points, or 1.79%, to 15,885.17. The Dow Jones Industrial Average fell 250.63 points, or 0.66%, to 37,735.24.

Stocks have struggled recently, with the S&P 500 suffering two straight weeks of declines and its biggest weekly percentage drop since October last week as investors have pushed back expectations for the timing and size of any rate cuts from the Federal Reserve.

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Stocks drop as Middle East tensions, Treasury yields weighStocks drop as Middle East tensions, Treasury yields weigh
Herkunft: Investingcom - 🏆 450. / 53 Weiterlesen »

U.S. Stocks Rebound After Worst Drop in WeeksU.S. stocks rebounded on Wednesday following their worst drop in weeks. The S&P 500 and Nasdaq composite saw slight gains, while the Dow Jones slipped slightly. GE Aerospace led the S&P 500 with a significant jump, while Cal-Maine Foods reported stronger profits. However, Intel and Walt Disney Co. experienced drops in their stock prices.
Herkunft: latimes - 🏆 11. / 82 Weiterlesen »

Stocks Drop as Key Drivers for Record Highs UnderminedSome of the key drivers that drove stocks to record highs in the first three months of the year are being undermined, leading to Tuesday's sell-off. Investor James Abate explains the reasons behind the drop and the impact on the market.
Herkunft: CNBC - 🏆 12. / 72 Weiterlesen »

Mixed Performance in Asian Stocks as Japanese Markets Rebound, Chinese Stocks FallAsian stocks were a mixed bag on Monday as Japanese markets rebounded from sharp losses seen last week, while Chinese stocks fell amid renewed concerns over the country’s property market.
Herkunft: Investingcom - 🏆 450. / 53 Weiterlesen »