Yields stayed high on Tuesday with the 10-year yield up about 5.8 basis points at 3.943% at market close. 10-year Treasury neared the key 4% level overnight. The Dow Jones Industrial Average rose 36.31 points, or 0.12%, to close at 29,239.19, bolstered by jumps in Amgen and Walgreens Boots Alliance.īond prices also fell, and the yield on the U.S. Tuesday's losses notched the fifth day in a row of declines for both indexes.
The Nasdaq Composite fell 1.10% to 10,426.19, its lowest close since July 2020. The S&P 500 slipped 0.65% to close at 3,588.84 after rebounding from a multiyear low earlier in the session. stocks fell Tuesday, reversing gains from earlier in the day as investors looked ahead to key inflation data out later in the week that will give the Federal Reserve updated information on the state of the U.S.
