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.
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.

