HomeMarket NewsUS Stock Market LIVE: Dow Jones in green as traders eye jumping bond yields
US Stock Market LIVE: US stocks are drifting in tentative trading on Thursday (May 22) following a rocky week so far because of worries coming out of the bond market about the U.S. government’s debt. The S&P 500 was down 0.3% in early trading, coming off a sharp loss that has it potentially heading for its worst week in two months. The Dow Jones Industrial Average was down 101 points, or 0.2%, as of 9:35 a.m. Eastern time, and the Nasdaq composite was 0.2% lower.
US Stock Market LIVE: US stocks are drifting in tentative trading on Thursday (May 22) following a rocky week so far because of worries coming out of the bond market about the U.S. government’s debt. The S&P 500 was down 0.3% in early trading, coming off a sharp loss that has it potentially heading for its worst week in two months. The Dow Jones Industrial Average was down 101 points, or 0.2%, as of 9:35 a.m. Eastern time, and the Nasdaq composite was 0.2% lower. Treasury yields were holding a bit steadier in the bond market, which has been the epicenter of Wall Street’s action this week, but only after several sharp swings in the morning. Yields have been on the rise in part because of worries about the U.S. government’s spiraling debt.