U.S. stocks pare losses as investors weigh Hormuz hopes, rising yields
publishers 3articles 3first reported 24 Sep, 18:30 UTCdeveloping since 24 Sep · 4 editions
U.S. stocks pared losses Thursday but remained under pressure as rising Treasury yields and oil prices weighed on markets. The Dow Jones Industrial Average traded lower, while the S&P 500 and Nasdaq wavered as gains in large technology stocks provided some support.
Yahoo Finance reported that hopes related to the Strait of Hormuz helped the major indexes recover part of their earlier declines, though a bond-market sell-off continued to trouble investors. MarketWatch also reported that Trump meets with Xi.
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