#stocks #inflation #YahooFinance #recession #bitcoin #Biden #Stockmarket #coronavirus #memestocks #Fed #YahooFinance #investing #stockmarket #crypto To get the latest market news check out finance.yahoo.com Wall Street stocks sold off on Tuesday as rising Treasury yields piled on pressure and investors got a reminder not to expect a Federal Reserve interest rate cut anytime soon. The S&P 500 (^GSPC) dropped nearly 1.4%, while the Dow Jones Industrial Average (^DJI) tumbled about 1.3%, or over 425 points. The tech-heavy Nasdaq Composite (^IXIC) was down nearly 2% after closing with a gain on Monday. The moves sent the Dow into negative territory for the year, as it closed just above the 33,000 level. Hawkish comments by Fed policymakers reminded investors that resilience in the US ec
Leave a Reply