U.S. stock indexes traded lower on Wednesday afternoon in choppy trade, as investors weighed Netflix’s surprisingly positive earnings report and monitored a continued rise in Treasury yields. The S&P 500 (SPX) was off 36 points, or 1%, at 3,683. On Tuesday, the Dow rose 551 points, or 1.9%, while the S&P 500 rose 2.7% and the Nasdaq Composite gained 3.4%. Read More...
U.S. stock indexes traded lower on Wednesday afternoon in choppy trade, as investors weighed Netflix’s surprisingly positive earnings report and monitored a continued rise in Treasury yields. The S&P 500 (SPX) was off 36 points, or 1%, at 3,683. On Tuesday, the Dow rose 551 points, or 1.9%, while the S&P 500 rose 2.7% and the Nasdaq Composite gained 3.4%.
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