Global Market Update: Dow, S&P 500 slump, US Treasury yields hit 16-year high
Global Market Update: The Dow and S&P 500 were lower on Monday with utilities falling sharply, Nasdaq barely changed as investors weighed the likelihood that the Fed will hold interest rates higher for longer. The S&P 500 lost 22.24 points, or 0.52%, to 4,265.81 in late trading. The Dow Jones was down 198.93 points, or … Read more