And the results: Rates left unchanged at 3.5%-3.75% 🚫 Stock Market… — Tidbits w Dom — TG.ME

🇺🇸 And the results: Rates left unchanged at 3.5%-3.75% 🚫

Stock Market Highlights 🇺🇸

The Dow Jones Industrial Average dropped 1,152.46 points to close at 51,594.86.

The S&P 500 lost 1.5% to finish at 7,316.37, heavily pressured by industrial and tech sector pullbacks.

The Nasdaq 100 fell 2% to 27,192.31 amid ongoing concerns over heavy capital spending on AI infrastructure.

📈 Bond Market and Yields

The 30-year Treasury yield surged 12 basis points to 5.21%, reaching its highest level since 2007.

The 10-year Treasury yield jumped 7 basis points.

This reaction reveals that investors are resetting their expectations for the economy, inflation, and interest rates.
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