Stocks Slip as Treasury Yields Rise and Economic Data Looms

1 min read
Source: TheStreet
Stocks Slip as Treasury Yields Rise and Economic Data Looms
Photo: TheStreet
TL;DR Summary

U.S. stocks ended lower as investors paused the post-election rally amid concerns over President-elect Donald Trump's potential China policies. The Dow fell 382.15 points, the S&P 500 dropped 0.29%, and the Nasdaq slipped 0.09%. Market caution was influenced by Trump's cabinet picks, including China hawks, and the potential for early tariff implementations. Rising Treasury yields and inflation concerns also weighed on investor sentiment. Additionally, UnitedHealth's acquisition of Amedisys faced a DOJ lawsuit, and Boeing reported a significant drop in aircraft deliveries.

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