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April 16, 2024 4:33 PM

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US Stocks Close Lower on Rising Treasury Yields and Geopolitical Concerns

US stocks ended sharply lower yesterday amid jump in Treasury yields and concerns about rising geopolitical tensions in West Asia.

 

The Nasdaq Composite declined 1.79 percent, the S&P 500 lost 1.20 percent, and the Dow Jones Industrial Average fell 0.65 percent.