Stock Market News Today: Dow Falls 300 Points; Meta, Alibaba Stocks in Focus

📆 10/3/2023 12:34 PM
📰 WSJ

⏱ Reading Time:
31 sec. here
2 min. at publisher
📊 Quality Score:
News: 16%
Publisher: 63%

United States News News

United States United States Latest News,United States United States Headlines

Live coverage of what's moving stocks and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite

back above 4.7%

, dragging down stock indexes, as investors bet that the economy’s strength will mean higher borrowing costs will stick around for awhile. Yields have surged in recent weeks as the U.S. economy’s resilience has dashed investors’ hopes that the Federal Reserve could soon switch. Rising yields are also giving investors another way to earn returns, which has been denting the appetite for risky assets like stocks.All three major U.S. indexes were more than 1% lower, led by the Nasdaq Composite. The Dow industrials were down more than 350 points, on track toThe yield on the 10-year U.S. shot above 4.

Write Comment

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock Market Today: Dow ends lower on rising Treasury yields as US averts shutdown By Investing.comStock Market Today: Dow ends lower on rising Treasury yields as US averts shutdown
Source: Investingcom - 🏆 450. / 53 Read more »

Cryptocurrency Market News - Bitcoin and Altcoins NewsReal-time cryptocurrency market news, Bitcoin and Altcoins, and the latest trading updates. What you need to know now about the Ethereum, Ripple, Bitcoin Cash and Litecoin, among other.
Source: FXStreetNews - 🏆 14. / 72 Read more »