US stocks: US market opens lower as bond yields climb
· economictimes.indiatimes.com
Major US stock indexes opened lower on Thursday. Rising government bond yields hurt investor sentiment significantly. Retail giant Walmart reported a rare sales miss, disappointing many. The Dow Jones Industrial Average fell 81.8 points at the open. The S&P 500 and Nasdaq Composite also experienced declines.
Stocks are mostly rising in early trading on Wall Street and Treasury yields are falling after the government reported that employers unexpectedly cut 23,000 jo...