Stocks Close Mixed, Dow Gains Slightly as 10-Year Treasury Yield Hits 1.5%

After a volatile week last week, stocks closed mixed today as the 10-year treasury yield increased on economic optimism, leading the Dow to gain about 100 points. However, tech stocks struggled, dragging down the broader market. Andrew Mies, Chief Investment Officer at 6 Meridian, joins Cheddar News' Closing Bell to discuss today's mixed close and what investors are pricing in a week after the Fed announced interest rates would hold steady, but asset tapering could begin soon.
close
We use cookies and similar technologies on this site to collect identifiers, such as IP address, and cookie and device IDs as described in our Privacy Policy.