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Dow ends down 380 points, S&P 500 snaps 5-day winning streak as Treasury yields rise

Admin by Admin
November 13, 2024
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U.S. shares completed decrease on Tuesday as Wall Avenue took a breather from a postelection rally that propelled the main inventory indexes to all-time highs.

The Dow Jones Industrial Common misplaced 382.15 factors, or 0.9%, ending at 43,910.98. It was the biggest one-day level decline since Oct. 23, in response to Dow Jones Market Knowledge.

The S&P 500 was off 17.36 factors, or 0.3%, to complete at 5,983.99. The big-cap benchmark index snapped a five-session successful streak and logged its worst day since Oct. 31.

The Nasdaq Composite ended down lower than 0.1%, leaving it practically flat at 19,281.40. It was the biggest one-day level and share decline since Nov. 4, in response to Dow Jones Market Knowledge.

The yield on the 10-year Treasury rose 12.4 foundation factors to 4.430%, the best since July 2, in response to FactSet knowledge.



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