Dow Jones Industrial Average Leads Market Decline as S&P 500 and Nasdaq Slide
The Dow Jones Industrial Average led a significant downturn in U.S. financial markets as broad stock weakness pushed the S&P 500 and Nasdaq Composite lower. This market decline came after a week of rising bond yields, weak economic data, and renewed investor concern over inflation. Traders reacted to recent central bank messaging that suggested interest rates may stay higher for longer. As a result, both large blue-chip stocks and high-growth technology shares felt pressure throughout the trading session.
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