Dow and S&P 500 Dip Amid Rising Treasury Yields and Rate Cut Speculations On Monday, the stock market experienced a downturn, with the Dow Jones Industrial Average falling 274.30 points (0.71%) to 38,380.12, and the S&P 500 declining 0.32% to 4,942.81, retreating from its recent record high influenced by Big Tech gains. The Nasdaq Composite also saw a slight decrease of 0.2%, closing at 15,597.68. This downward movement was largely attributed to a significant rise in Treasury yields, fueled by concerns that the Federal Reserve might not implement rate cuts as previously anticipated. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts ADP Reports Slight Miss in Private Sector Job Growth for February READ MORE Japan's Central Bank Eases Rate Hike Concerns After Market Turmoil READ MORE "US Taxpayers Owe $3/4 Million Each, It's the Biggest Banana Republic of All" – Mike Maloney READ MORE OPEC Slashes Oil Demand Growth Outlook for 2024 and 2025 READ MORE Decoding the Drivers Behind Bullion's Sudden Ascent READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment