Stock Market Update
13-Mar-25 11:35 ET
Treasury yields sink, stocks hit lows
Dow -320.23
at 41030.39,
Nasdaq -233.62
at 17414.82,
S&P -48.09
at 5551.21
[BRIEFING.COM] The Dow Jones Industrial Average is more than 300 points lower, the S&P 500 trades 0.9% below its prior close, and the Nasdaq Composite sports a 1.3% decline.
Many stocks have pulled back from session highs, coinciding with buying picking up in the Treasury market. The 10-yr yield is at 4.31% and the Invesco S&P 500 Equal Weight ETF (RSP) sports a 0.4% decline after trading higher.
Mega caps had been a source of support early on, but price action have reversed in some names in the space. The Vanguard Mega Cap Growth ETF (MGK) shows a 1.3% decline.
