U.S. markets close in 2 hours 46 minutes
  • S&P 500

    3,647.95
    -96.57 (-2.58%)
     
  • Dow 30

    29,346.48
    -580.46 (-1.94%)
     
  • Nasdaq

    10,681.21
    -392.10 (-3.54%)
     
  • Russell 2000

    1,705.97
    -46.55 (-2.66%)
     
  • Crude Oil

    92.14
    +3.69 (+4.17%)
     
  • Gold

    1,706.70
    -14.10 (-0.82%)
     
  • Silver

    20.19
    -0.47 (-2.27%)
     
  • EUR/USD

    0.9763
    -0.0033 (-0.33%)
     
  • 10-Yr Bond

    3.8630
    +0.0370 (+0.97%)
     
  • GBP/USD

    1.1095
    -0.0074 (-0.66%)
     
  • USD/JPY

    145.2820
    +0.2140 (+0.15%)
     
  • BTC-USD

    19,395.79
    -659.60 (-3.29%)
     
  • CMC Crypto 200

    442.57
    -12.45 (-2.74%)
     
  • FTSE 100

    6,991.09
    -6.18 (-0.09%)
     
  • Nikkei 225

    27,116.11
    -195.19 (-0.71%)
     

U.S. stocks suffer another week of losses, Dow ends lowest since November 2020 as bond yields hammer equities after Fed rate hike

·6 min read
U.S. stocks suffer another week of losses, Dow ends lowest since November 2020 as bond yields hammer equities after Fed rate hike

U.S. stocks close sharply lower Friday, with the Dow Jones Industrial Average ending at its lowest closing value since November 2020, as all three major benchmarks suffered another week of losses as bond yields rose in the wake of the Federal Reserve's interest rate hike on Wednesday.