Dow Falls 240 Points as Stocks Pull Back Ahead of Nvidia Earnings
Stocks slid in the final minutes of trading Wednesday as Wall Street braced for Nvidia’s blockbuster earnings report.
The Dow Jones Industrial Average dropped 245 points, or 0.6%. The S&P 500 fell 0.6%. The Nasdaq Composite closed down 0.5%. The Nasdaq was on track to rise for much of the afternoon before joining the other two indexes lower in the final half-hour of the session.
The yield on the 10-year Treasury note rose to 4.48%. The 2-year yield was up to 3.99%.