
Wall Street stocks finished lower Wednesday as worries over higher US Treasury bond yields offset Verizon's $4.4 billion takeover of AOL.
At the closing bell, the Dow Jones Industrial Average stood at 18,067.60, down 37.57 points (0.21 percent).
The broad-based S&P 500 shed 6.25 (0.30 percent) at 2,099.08, while the tech-rich Nasdaq Composite Index lost 17.38 (0.35 percent) at 4,976.19.
US stocks fell sharply early in the season on spiking bond yields, but cut those losses later in the session as yields retreated a bit.
"The market is sort of catching its breath today and waiting for some data tomorrow," said Sam Stovall, chief investment strategist at S&P Capital IQ.
Key data Wednesday include the US retail sales report for April.
AOL shot up 18.7 percent on news the Internet pioneer would be bought by Verizon in an effort to boost the telecom giant's presence in online media and advertising. Verizon fell 0.4 percent.
GMT 12:01 2018 Tuesday ,23 January
Bahrain Bourse daily trading performanceGMT 19:16 2018 Monday ,22 January
TRA responds to hoax Dh5,000 VPN fine SMSGMT 13:09 2018 Sunday ,21 January
Bahrain Bourse daily trading performanceGMT 13:50 2018 Friday ,19 January
US SEC says bitcoin funds raise ‘investor protection issues’GMT 06:50 2018 Friday ,19 January
European stocks mostly advance on bright global outlookGMT 09:12 2018 Thursday ,18 January
European stock markets join global downtrendGMT 17:06 2018 Wednesday ,17 January
China temporarily waives taxes to get foreign firms to stayGMT 17:01 2018 Wednesday ,17 January
JPMorgan Chase earnings drop on weak trading, tax items

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor