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Dow slides as U.S. Treasury yields hit a 19-year high
Yahoo Finance’s live market coverage says the Dow Jones Industrial Average and other major U.S. indexes closed lower Monday, as oil prices and U.S. Treasury yields rose sharply after President.
The coverage frames the move as a reaction to spiking Treasury yields, which it notes have reached a 19-year high, alongside higher oil prices.
It also highlights that several individual stocks moved during the session, including a Warren Buffett-linked stock that fell and Microsoft-related developments tied to earnings performance.
The update continues through the afternoon with additional sector and company headlines, including reports of Klarna’s guidance change and Costco’s setup amid Medicare Advantage news.
Latest closeDow Jones 53,732.41 ▼0.2%