U.S. stocks swooned in a broad selloff prompted by weakening jobs, manufacturing and construction data, with the S&P 500, Nasdaq and Dow shedding 1.4%, 2.3% and 1.2%, respectively. The 10-year Treasury yield fell below 4% for the first time since February.
Wall Street Journal
U.S. stocks swooned in a broad selloff prompted by weakening jobs, manufacturing and construction data, with the S&P 500, Nasdaq and Dow shedding 1.4%, 2.3% and 1.2%, respectively. The 10-year Treasury yield fell below 4% for the first time since February.
https://www.wsj.com/finance/stocks/global-stocks-markets-dow-news-08-01-2024-a5d2b96d