[Breaking] US Treasury Yields Surge, New York Stock Market Slightly Lower
The three major indices of the U.S. New York Stock Exchange closed slightly lower on the 3rd (local time), as investors monitored the impact of Fitch's downgrade of the U.S. national credit rating, movements in Treasury yields, and corporate earnings announcements.
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On that day, the Dow Jones Industrial Average closed down 0.19% compared to the previous session. The S&P 500, which focuses on large-cap stocks, fell 0.26%, and the tech-heavy Nasdaq index closed down 0.10%.
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