Wall St opens lower as 10-yr yield hits 5%; Big Tech earnings in focus

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Kitco News collects and features the top financial, economic and geopolitical news from around the world. Kitco's aggregated sources include some of the top newswires in the world including the Association Press, Canadian Press, Japanese Economic Newswire, and United Press International.

Oct 23 - Wall Street's main indexes fell at the open on Monday as the yield on the benchmark U.S.

10-year Treasury note hit the crucial 5% mark, while investors awaited earnings from the world's largest technology companies and key economic data.The S&P 500 opened lower by 13.76 points, or 0.33%, at 4,210.40, while the Nasdaq Composite dropped 52.96 points, or 0.41%, to 12,930.85 at the opening bell.

 

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10-yr Treasury yield passes 5%, stocks at seven-month lowsKitco News collects and features the top financial, economic and geopolitical news from around the world. Kitco's aggregated sources include some of the top newswires in the world including the Association Press, Canadian Press, Japanese Economic Newswire, and United Press International.
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