S&P 500 (US500) Tumbles as Surging Treasury Yields Spark Stock Market Sell-Off
Major US stock indexes retreated significantly, with the S&P 500 and Nasdaq leading the losses, as a rise in the 10-year US Treasury yield pressured equity markets.
Market context
Follow the story. See which markets it affects. Explore the context.
Major US stock indexes retreated significantly, with the S&P 500 and Nasdaq leading the losses, as a rise in the 10-year US Treasury yield pressured equity markets.
Major US equity indices slid as a surge in the 10-year Treasury yield and a stronger US Dollar triggered a broad risk-off move across financial markets.