U.S. stocks slip with Treasury yields near 4.35% as Nasdaq leads declines
Major U.S. indexes traded modestly lower, with the Nasdaq Composite down about 0.9% while the 10-year Treasury yield hovered near 4.35%, according to MarketWatch market data.
U.S. equities were modestly lower in early Wednesday trading, with tech-heavy benchmarks under the most pressure as interest rates stayed elevated.
MarketWatch market data showed:
- Dow Jones Industrial Average (DJIA): 49,141.93, down 25.86 (-0.05%)
- S&P 500 (SPX): 7,138.80, down 35.11 (-0.49%)
- Nasdaq Composite (COMP): 24,663.80, down 223.30 (-0.90%)
- U.S. 10-year Treasury yield (TMUBMUSD10Y): 4.353%
With yields holding above 4%, investors appeared to be reassessing risk appetite—particularly in growth and technology shares that can be more sensitive to discount-rate expectations.
What to watch next
Investors are likely to focus on upcoming macro and corporate catalysts that can shift the outlook for rates and earnings, including economic releases and fresh quarterly results. In the meantime, intraday moves are tracking the bond market closely, with any surprise in yields capable of amplifying equity volatility.
(Prices and percentage moves reflect MarketWatch figures captured at the time of drafting.)
Source: MarketWatch