UPDATE: First Quarter Stock Index Review & T-Bond Yields

By Staff Reporters

U.S. stocks fell Thursday afternoon to cap a quarter in which Federal Reserve monetary tightening and the Russian invasion of Ukraine have weighed on sentiment and has put the S&P 500 on track for its first quarterly loss in two years.

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How stock indexes performed?

  • The Dow Jones Industrial Average fell 336 points, or 1%, to about 34,893.
  • The S&P 500 was down 38 points, or 0.8%, at 4,564.
  • The NASDAQ Composite shed 107 points, or 0.7%, to trade near 14,335.

BONDS: The yield on the 10-year Treasury fell to 2.331%, while the yield on the 2-year Treasury was at 2.337% at one point in late trading Thursday. After a brief inversion, both yields were basically trading at the 2.34% level in the latest trading.

CITE: https://www.r2library.com/Resource/Title/082610254

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HAPPY APRIL 1st 2022

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