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US stocks close lower but major indices show resilience as oil and rates soar

Started by forex4you, Mar 22, 2022, 04:32 am

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forex4you

Mar 22, 2022, 04:32 am
US stocks close lower but major indices show resilience as oil and rates soar

Given the sharp rise in yields (two year up 18 basis points and 10 year up 14.6 basis points) along with soaring oil prices (up over 7%). The US stock market hung in there although the major indices did close lower. A look at the final numbers shows:      Dow industrial average -201.94 points or -0.

Source: US stocks close lower but major indices show resilience as oil and rates soar

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