US stocks fall as bond yields rebound, oil rises

US stocks fall as bond yields rebound, oil rises

US stocks ended lower on Thursday as Treasury yields rebounded despite the Treasury's plan to boost bond purchases. The S&P 500 fell 0.7%, the Dow dropped 1.2%, and the Nasdaq declined 1%. Oil prices climbed over 2% amid Iran conflict concerns, while investors await the Jackson Hole symposium.

Source: Moneycontrol

More in Business & Finance

Read the live feed on ZapIndies