[Breaking] New York Stock Market Closes Lower... Nasdaq Down 2.55%
[Asia Economy New York=Special Correspondent Joselgina] Major indices on the U.S. New York Stock Exchange closed lower on the 22nd (local time) ahead of the Jackson Hole meeting.
On this day, the Dow Jones Industrial Average closed down 1.90% compared to the previous session. The S&P 500, focused on large-cap stocks, fell 2.13%, and the tech-heavy Nasdaq index dropped 2.55%.
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On the same day, the yield on the U.S. 10-year Treasury bond surpassed the 3% level again for the first time in about a month in the New York bond market.
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