LEIBOVIT VR NEWSLETTERS – THURSDAY- MAY 30, 2024 – ON THE WAY DOWN 2000 TO 5000 DOW INDUSTRIAL POINTS AS FORECAST!
https://www.howestreet.com/2024/05/shipping-container-shortage-could-fuel-inflation-mark-leibovit/
Rising Treasury Yields Contribute To Weakness On Wall Street
Following the mixed performance seen during Tuesday’s session, the major U.S. stock indexes all moved to the downside
during trading on Wednesday. The Dow showed a notable decline, falling to its lowest closing level in almost a month.
The major averages all finished the day firmly in negative territory. The Dow slumped 411.32 points or 1.1 percent to
38,441.54, the S&P 500 slid 39.09 points or 0.7 percent to 5,266.95 and the Nasdaq fell 99.30 points or 0.6 percent to
16,920.58.
The weakness on Wall Street came amid a continued increase by treasury yields, with the yield on the benchmark ten-year
note climbing to its highest levels in nearly a month.
The ten-year yield jumped above 4.5 percent on Tuesday, […]
