Stock Market Update
06-May-25 10:35 ET
Stocks move off lows
Dow -154.65
at 41063.32,
Nasdaq -121.21
at 17723.03,
S&P -26.34
at 5624.04
[BRIEFING.COM] The major indices moved off early session lows over the last half hour. Initial declines were driven in part by heightened worries about the tariff situation.
A short time ago, Treasury Secretary Bessent said in his House testimony that it is possible that trade deals with some large trading partners will be announced this week.
Treasuries didn't react much to the acknowledgment. The 10-yr yield is at 4.35% and the 2-yr yield is at 3.80%.
