Stocks Decline as Treasury Yields Rise; Focus on Potential Fed Rate Cut

The S&P 500 and Dow both declined yesterday, after a slight uptick in Treasury yields. Investors are closely monitoring potential Federal Reserve interest rate cut in 2024.

The Dow Jones Industrial Average fell 0.4 percent and the S&P 500 lost 0.2 percent. The Nasdaq Composite index added 0.1 percent.

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