The S&P 500 and Nasdaq settled below breakeven
| 9/27/2021 | | Have you seen our volatility scorecard? Sign up by clicking here! | Dow Scores Fourth-Straight Win as Bond Yields Pop | By: Fernanda Horner | The Dow kicked off the last week of September with a 71-point win -- its fourth straight -- as the 10-year U.S. Treasury yield surged to its highest level since June. Strength in the energy and bank sectors, as well as the travel industry, helped the blue-chip index, while economic and Covid-19 fears eased. Elsewhere, the S&P 500 finished below breakeven to snap a three-day win streak, while the Nasdaq settled with a modest loss, as tech stocks tumbled in the face of higher interest rates. Investors are also eyeing Washington, D.C., where lawmakers need to pass a new U.S. budget to avoid a possible government shutdown. In other news, durable goods orders for August beat Wall Street's expectations. Continue reading for more on today's market, including: - Gores Guggenheim stock popped after its latest merger.
- Call traders blasted Best Buy stock following analyst praise.
- Plus, media name drops to annual lows; Box stock looks to extend win streak; and will Delta stock keep flying?
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