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Dow falls 234 points but Nasdaq battles back even with yield headwindsU.S. stocks ended a volatile session mixed with the Nasdaq cutting losses to close higher even as the yield of the 10-year Treasury held at 1.73%, the highest since January of 2020. Still, Dow members JPMorgan, and Goldman Sachs contributed to a 234 point loss as investors weighed a return to higher capital requirements after the Federal Reserve announced the pandemic protection will conclude at the end of the month. More on this For more news, please go to FoxBusiness.com and watch Fox Business Network. |
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