Wall Street Journal |
Stocks Drop as Treasury Yields Touch 3%
Wall Street Journal The yield on the 10-year U.S. Treasury note hit 3% for the first time since 2014 in a vote of confidence for the economic expansion, but warnings from large companies that profits were peaking helped send the Dow industrials to their fifth straight ... 'High-water mark' comment from Caterpillar executive ripples through US stock market Markets fall sharply as tech, industrial stocks pull Dow down as much as 600 points Stock selloff pushes Dow down 400-plus points; 10-year Treasury yield touches 3% milestone |
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