U.S. stocks ended lower on Thursday after news that the Bank of Japan will allow long-term interest rates to rise sent U.S. yields higher, snapping the longest winning streak for the Dow since 1987.
The Dow Jones Industrial Average fell 0.67 percent, the S&P 500 lost 0.64 percent and the Nasdaq Composite dropped 0.55 percent.
News On AIR | July 28, 2023 5:45 PM | U.S. stocks end lower; Dow Jones Industrial Average falls 0.67%