NEW YORK/LONDON, Aug 7 - Wall Street equity indexes lost ground after opening higher on Wednesday while a bond auction pushed Treasury yields higher and the dollar rose against the yen after cautious central banker comments.
After opening higher on Wednesday Wall Street's benchmark S&P 500 started losing ground in the late morning and fell further following a weak auction of U.S. 10-year Treasuries. On Wall Street at 02:59 p.m. the Dow Jones Industrial Average , fell 211.80 points, or 0.54%, to 38,785.86, the S&P 500 , lost 26.89 points, or 0.51%, to 5,213.14 and the Nasdaq Composite , lost 120.72 points, or 0.74%, to 16,246.14.
The dollar index , which measures the greenback against a basket of currencies including the yen and the euro, gained 0.23% at 103.22.
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