: U.S. stocks fall for 2nd day as hot jobs report, higher yields rattle investors

0
10

U.S. stocks finished lower on Monday, falling for a second straight session following the hotter-than-expected January jobs report as Treasury yields continued to climb. The S&P 500 SPX, -0.61% shed 25.40 points, or 0.6%, to close at 4,111.08, according to FactSet data. The Dow Jones Industrial Average DJIA, -0.10% fell by 34.99 points, or 0.1%, to 33,891.02. The Nasdaq Composite COMP, -1.00% declined by 119.50 points, or 1%, to 11,887.45. The yield on the 10-year Treasury note climbed 10.9 basis points to 3.641%. Treasury yields rise as prices fall.

This article was originally published by Marketwatch.com. Read the original article here.

Previous articleDow Jones Newswires: BNP Paribas reports disappointing quarter, but announces €5 billion in buybacks, lifts targets for 2022 to 2025
Next articleBP reports 4Q underlying replacement cost of $4.8 billion, just shy of forecasts

LEAVE A REPLY

Please enter your comment!
Please enter your name here