US STOCKS-Nasdaq, S&P 500 end lower as U.S. yields rise; Disney lifts Dow
The S&P 500 and Nasdaq closedlower on Monday as climbing Treasury yields and prospects ofrising inflation triggered valuation concerns, hitting shares ofhigh-flying growth companies. The Dow industrials ended higher, boosted by a surge in WaltDisney Co shares. U.S. benchmark 10-year Treasury yields were up at 1.37%on Monday.
Published:2/22/2021 3:10:29 PM