Schaeffer's Midday Market Check There's little appetite for buying on the Street today
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| | 5/29/2019 | |
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Stocks, Bond Yields Fall Again | By Josh Selway | | Stocks are broadly lower today, as concerns about the economy and U.S.-China trade relations weigh. Bond yields are falling again, with the 10-year Treasury yield slipping to a nearly two-year low. The retail sector is one of the worst performing areas so far, as is the trade-sensitive tech sector. The Dow Jones Industrial Average (DJI) has dropped almost 400 points as a result, while the S&P 500 Index (SPX) and Nasdaq Composite (IXIC) are staring at stiff losses, as well.
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