Business
US stocks close sharply lower. Rising yields and geopolitical risk weigh on indices
US stocks close sharply lower as rising yields and geopolitical risks weigh on indices. The NASDAQ index experienced the biggest decline with a drop of more than -1.7%. The S&P index fell more than -1.1%.
The final figures show:
- The Dow industrial average fell -248.13 points or -0.65% to 37735.12
- The S&P index fell -61.59 points or -1.20% to 5061.81
- The NASDAQ index fell -290.08 points or -1.79% to 15885.02
The small-cap Russell 2000 fell -27.46 points or -1.37% to 1975,708
Looking at the S&P sectors, the biggest losers today were:
- Information technology -1.99%
- Real estate, -1.76%
- Communications services -1.638%
- Discretionary consumption -1.62%
The top decliners today were:
- Health -0.19%.
- Basic consumption, -0.43%.
- Materials, -0.49%
- Finances, -0.51%
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