Stocks fell and bond yields rose Monday, extending the market’s pullback last week, as investors shifted holdings in anticipation that the Federal Reserve will raise interest rates this year in its bid to lower inflation. The selling was broad, though by late afternoon the indexes had come above their lows from earlier in the day. S&P 500 was down 0.7 percent as of 3:29 p.m. Eastern. The benchmark index had been down 2 percent in the early going. The Dow Jones Industrial Average fell 312 points, or 0.9 percent, to 35,914 and the Nasdaq fell 0.8 percent. Technology stocks again accounted for a big share of the decline. The sector has been the biggest weight on the market through January and is coming off of its worst week since October 2020. Big technology stocks have an outsized influence on the S&P 500 because of their huge size. Coming into the …
-
Recent Posts
-
Archives
- May 2025
- April 2025
- July 2023
- June 2023
- May 2023
- April 2023
- March 2023
- February 2023
- January 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021
- October 2021
- September 2021
- August 2021
- July 2021
- June 2021
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
- December 2020
- September 2013
- July 2013
- March 2013
- January 2013
- December 2012
- November 2012
- December 1
-
Meta