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Stock market on September 1: S&P 500 and NASDAQ close lower
Yesterday, stock indices closed in the
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Yesterday, stock indices closed in the red. The S&P 500 fell by 0.33%, while the Nasdaq 100 dropped by 0.12%. The Dow Jones Industrial Average decreased by 0.70%. Global bonds declined in value, with yields reaching new highs amid concerns over rising inflation, which has fueled expectations for the Federal Reserve to increase borrowing costs as early as this month. The yield on the 10-year US Treasury bond rose by two basis points to 4.77%, marking the highest level since January
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