"Market Slides: S&P 500 and Home Sales Fall, Treasury Yields Rise"
TL;DR Summary
The S&P 500 slid for the fifth consecutive day as concerns about inflation and potential interest rate adjustments weighed on the market. TSMC's mixed quarterly results and Netflix's strong subscriber gains but lower revenue guidance added to the market's focus on corporate earnings. US bond yields rose, and Tesla's shares hit a 52-week low. The debate over Tesla's stock continues, and Bank of America's CEO weighed in on the high levels of US debt.
- Stock market today: S&P 500 slides for 5th straight day Yahoo Finance
- S&P 500 closes lower for a fifth day, posts longest losing streak since October: Live updates CNBC
- Treasury Yields Rise, S&P 500 Extends April Slide The Wall Street Journal
- Sluggish start for spring homebuying season as home sales fall in March with mortgage rates rising The Associated Press
- Stock Market Today: Dow Wavers; DJT, TSMC, Nvidia, D.R. Horton, Tesla, Netflix, and More Movers; Treasury Yields Rise Barron's
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