Stock market today: Dow, Nasdaq, S&P 500 slide as Treasury yields hit highest level since July

US stocks retreated on Tuesday as investors digested a recent bond-market selloff and braced for the next wave of earnings reports. The S&P 500 dropped more than 0.5%. The Dow Jones Industrial Average dropped more than 120 points, or around 0.3%, while the tech-heavy Nasdaq Composite slid roughly 0.6%. Stocks are coming under pressure amid growing doubts that the Federal Reserve will continue to cut rates aggressively — or even hold steady in November.

The bond selling has weighed on rate-sensitive stocks such as real estate, with rising yields typically a catalyst for stock drawdowns. On the earnings front, General Motors raised its guidance for the third time this year as upbeat EV sales helped deliver a quarterly profit and revenue beat. GM shares were up more than 5%. Elsewhere in earnings, GE Aerospace fell over 7% and Verizon shares fell around 5% on mixed third quarter reports.

México Últimas Noticias, México Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Stock market today: Dow, S&P 500, Nasdaq jump as TSMC outlook prompts chip stock rallyA monthly report on retail sales could provide clues to whether the Fed will go for 'no cut' at its next meeting.
Fuente: YahooFinanceCA - 🏆 47. / 63 Leer más »

Stock market today: Dow, S&P 500, Nasdaq slip after hotter-than-expected inflation printInvestors are looking to the latest reading on CPI consumer inflation to set expectations for the path of interest rates.
Fuente: YahooFinanceCA - 🏆 47. / 63 Leer más »

Stock market today: Dow, S&P 500, Nasdaq futures stall with Fed and Google breakup in focusInvestors are locked in debate over a 'no landing' for the economy, with Fed minutes on deck.
Fuente: YahooFinanceCA - 🏆 47. / 63 Leer más »

Stock market today: Dow, S&P 500, Nasdaq futures tread water with bank earnings on deckJP Morgan and Wells Fargo get earnings season going in earnest, while a wholesale inflation print is in focus after the CPI surprise.
Fuente: YahooFinanceCA - 🏆 47. / 63 Leer más »

Stock market today: Dow, S&P 500, Nasdaq slip with flood of earnings aheadInvestors are bracing for a packed week of top-tier earnings that could drive or drag on a record-setting rally.
Fuente: YahooFinanceCA - 🏆 47. / 63 Leer más »

Stock market today: Dow slips as S&P 500, Nasdaq wobble with flood of earnings aheadInvestors are bracing for a packed week of top-tier earnings that could drive or drag on a record-setting rally.
Fuente: YahooFinanceCA - 🏆 47. / 63 Leer más »