Stocks poised for first down day of 2018 as traders keep a wary eye on bonds

Wednesday, 10 January 2018 23:35 WIB

DOW JONESS & P 500Indeks NasdaqSaham AS


U.S. stocks fell on Wednesday, putting major indexes on track for their first negative session of the new year after a string of all-time highs that helped the S&P 500 score its most records in a new year since 1964.

Traders were also keeping an eye on U.S. bonds, as the yield on the 10-year Treasury note moved closer to 2.60% after a report that China is considering stopping its U.S. bond buys.

The Dow Jones Industrial Average fell 54 points, or 0.2%, to 25,334. The S&P 500 lost 6 points to 2,744, a decline of 0.2%. The Nasdaq Composite Index slid 23 points, or 0.3%, to 7,140. All three are coming off closing records on Tuesday.

Source: Marketwatch


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