Stocks peeling back from all-time highs as traders eye a December rate hike, and a bumpy fall ahead. Plus – Nvidia shares getting zapped – we tell you why Tesla is behind it. Plus – does the Fed have an ulterior motive for reducing its massive balance sheet? Danielle DiMartino Booth reveals what it is. Catch The Final Round at 3:55 p.m. with Jen Rogers and Yahoo Finance markets correspondent Myles Udland.
The major U.S. stock indexes veered slightly lower in afternoon trading Friday, adding to the market's modest losses from a day earlier. Technology companies led the slide. Phone companies and airlines were among the biggest gainers. A new round of tensions between the U.S. and North Korea helped send bond yields lower, which weighed on bank shares.
Claims that it's the second-longest ever don't hold up.