U.S. stocks slide at open as bond yields climb and oil hovers near $121 a barrel


Stocks opened to the downside Wednesday after back-to-back gains, as investors assessed the outlook for inflation and economic growth with the Federal Reserve set to continue aggressively tightening monetary policy. The Dow Jones Industrial Average DJIA, -0.81% fell 220 points, or 0.7%, while the S&P 500 SPX, -1.08% fell 0.5% and the Nasdaq Composite COMP, -0.73% edged down 0.2%.

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

Previous articleCaterpillar stock rallies to pace the Dow’s gainers, after divided raised to boost yield above 2%
Next articleDow Jones Newswires: China’s exports rebounded strongly in May as lockdowns lifted


Please enter your comment!
Please enter your name here