Yields Weigh on Markets, Stocks Down Again - InvestingChannel

Yields Weigh on Markets, Stocks Down Again

Stocks fell for a second day Tuesday as an uptick in interest rates overshadowed a solid start to earnings reporting season.

The Dow Jones Industrials fell 178.98 points to 42,752.62.

The S&P 500 index dipped 20.2 points to 5,833.78.

The NASDAQ slid 4.13 points to 18,535.88.

Traders are also viewing a fresh slate of earnings reports that are set to come out this week, including Tesla and Coca-Cola on Wednesday and Honeywell on Thursday.

So far, about 19% of companies in the broad index have reported results, with more than seven out of 10 topping earnings estimates

Prices for the 10-year Treasury stayed put, keeping yields at Monday’s 4.19%.

Oil prices gained $1.19 to $71.75 U.S. a barrel.

Prices for gold advanced $14.60 an ounce to $2.753.50 U.S.

Related posts

Advisors in Focus- January 6, 2021

Gavin Maguire

Advisors in Focus- February 15, 2021

Gavin Maguire

Advisors in Focus- February 22, 2021

Gavin Maguire

Advisors in Focus- February 28, 2021

Gavin Maguire

Advisors in Focus- March 18, 2021

Gavin Maguire

Advisors in Focus- March 21, 2021

Gavin Maguire