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Kiplinger
Kiplinger
Business
Karee Venema

Dow Sinks 703 Points as Yields Spike, Walmart Slumps: Stock Market Today

3-D image of a stock chart with red and blue bars.

Stocks opened lower Thursday and stayed in negative territory through the close. Weighing on sentiment today were bouncing Treasury yields. A disappointing round of retail earnings didn't help, either.

The main equity indexes snapped a three-day losing streak on Wednesday as bond yields fell following the Treasury Department's announcement that it will increase buybacks of longer-dated debt.

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