
Today’s U.S. stock market experienced significant declines, driven by investor concerns over rising bond yields and ongoing geopolitical tensions in the Middle East. The Dow Jones fell by 398 points (1%), while the S&P 500 and Nasdaq dropped 1% and 1.2%, respectively. The surge in the 10-year Treasury yield to over 4% added to market jitters, as it signals tighter financial conditions
Meanwhile, energy stocks took a hit as oil prices dropped by nearly 5%, following a recent surge caused by fears of supply disruptions from the conflict in the Middle East. However, Nvidia remained a bright spot, gaining due to strong demand for AI technologies.
The upcoming release of the Federal Reserve’s minutes and new Consumer Price Index (CPI) data later this week will further influence market movements
The Global Market Is Falling https://stockbazar.io/u-s-stock-market-drops-amid-rising-treasury-yields-and-oil-price-concerns/