US Equities Fall, Weighed Down by Telecom, Tech Stocks Amid Rising Tariff Concerns
The Nasdaq Composite was falling 2.9% to 17,289.22 late in Friday's session, with the S&P 500 sliding 2.1% to 5,573.17 and the Dow Jones Industrial Average declining 1.8% to 41,551.57. All sectors except utilities and real estate fell, with shares of communication services, consumer discretionary and technology companies the worst performers.
US Treasury yields slumped Friday, with the 10-year yield down 10.8 basis points to 4.26% and the two-year rate 8.4 basis points lower at 3.91%.
West Texas Intermediate crude oil futures settled 0.8% lower at
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US Equities Fall, Weighed Down by Telecom, Tech Stocks Amid Rising Tariff Concerns
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