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The Economic Times
The Economic Times
National
Piyush Shukla

Why is the US stock market down today? Dow Jones, Nasdaq and S&P 500 in deep red — rising Treasury yields, oil prices and Fed uncertainty weigh on stocks

US stock market down today: Dow Jones crashes, Nasdaq and S&P 500 slide - U.S. stocks gave back part of Tuesday’s record-setting rally on Wednesday as a sharp rise in Treasury yields put pressure on equities.

At 10:53 a.m. ET, the Dow Jones Industrial Average was down 565.20 points, or 1.10%, at 50,956.08. The S&P 500 fell 53.28 points, or 0.68%, to 7,765.65. The Nasdaq dropped 229.73 points, or 0.83%, to 27,370.15.

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