[Breaking] Strong Employment Boosts Treasury Yields... New York Stock Market Closes Lower
The three major indices of the U.S. New York Stock Exchange all closed lower on the 6th (local time) as Treasury yields surged following better-than-expected private employment data.
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On that day, the Dow Jones Industrial Average closed down 1.08% compared to the previous session. The S&P 500, which is centered on large-cap stocks, fell 0.79%, and the tech-focused Nasdaq index declined 0.82%.
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