[Breaking] All Major U.S. Indices Close Lower as 30-Year Treasury Yield Surges
As the yield on the 30-year U.S. Treasury bond continued to soar, on August 18 (local time), all three major U.S. stock indices ended the session lower.
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On this day at the New York Stock Exchange (NYSE), the Dow Jones Industrial Average closed down 0.22% compared to the previous trading day. The S&P 500 Index, which focuses on large-cap stocks, fell by 0.69%, while the tech-heavy Nasdaq Index declined by 1.33% by the end of the session.
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