US: Wall St opens lower on pressure from elevated Treasury yields
DeeperDive is a beta AI feature. Refer to full articles for the facts.
US MAIN stock indexes opened lower open on Monday (Dec 30), as sparse trading volumes and the spectre of rising Treasury yields cast a cloud over the traditionally strong year-end rally for equities.
The Dow Jones Industrial Average fell 128.3 points, or 0.30 per cent, at the open to 42,863.86.
The S&P 500 fell 50.2 points, or 0.84 per cent, at the open to 5,920.67, while the Nasdaq Composite dropped 261.6 points, or 1.33 per cent, to 19,460.413 at the opening bell. REUTERS
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Share with us your feedback on BT's products and services
TRENDING NOW
‘Boring’ is the new black: The stars are aligning for a Singapore stock market revival
Near sell-out launches in March boost developer sales to 1,300 units after four slow months
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Genting Singapore’s Lim Kok Thay receives S$7.5 million pay package for FY2025