U.S. stocks open lower as Treasury yields rise


U.S. stocks opened lower Thursday, losing ground as yields on Treasurys and other government bonds rose after the European Central Bank affirmed it will begin lifting interest rates in July. The Dow Jones Industrial Average DJIA, -2.73% fell 150 points, or 0.5% while the S&P 500 SPX, -2.91% fell 18 points, or 0.4%, and the Nasdaq Composite COMP, -3.52% shed 60 points, or 0.5%.

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

Previous article: National averages on gas have reached $5 gallon, AAA and GasBuddy say — and get ready for the number to keep climbing
Next articleTaxWatch: As gas prices hit $5 per gallon, IRS makes mileage deduction for fuel costs more generous in rare midyear move


Please enter your comment!
Please enter your name here