US stocks fall deeper as recession fears plague the market
The benchmark 10-year Treasury yield rose 6.8 basis points to 3.193%
By Yashasvini Razdan
Published - Jun 27, 2022, 05:49 PM ET
Last Updated - Mar 06, 2024, 02:49 PM EST
• The benchmark 10-year Treasury yield rose 6.8 basis points to 3.193%
US stocks posted major losses on Monday, with the major benchmark indices erasing any gains made via the rebound activity, last week.
The Dow Jones Industrial Average fell 62.42 points, or 0.2%, to 31,438.26. The S&P 500 dropped 0.3% to 3,900.11, and the Nasdaq Composite lost 0.7%, falling to 11,524.55.
