Commodities
Stocks Swing as Bond Yields and Oil Prices Keep Pressure On
US stocks experienced a rollercoaster day on Thursday, September 24, as bond yields and oil prices continued to exert pressure. Despite several reversals, the S&P 500 ended up virtually unchanged in late trading.
The Dow Jones Industrial Average was down 166 points, or 0.3%, with an hour remaining in trading, while the Nasdaq composite was basically flat.
The stock market's volatility was driven by concerns over rising bond yields and oil prices. These factors have been weighing on investor sentiment in recent weeks.