Wall Street opens lower after jump in bond yields and growth stocks fall

2023-09-21T14:26:26.426Z

Highlights: Major U.S. stock market indexes fell lower on Thursday as a jump in Treasury yields sent growth stocks lower. Dow Jones Industrial Average fell 108.65 points, or 0.32 percent, to 34332,23. The S&P 500 index fell 27.84 points, to 4374,36. points. The Nasdaq Composite fell 141.07 points, by 1.05 percent to 13328,06. The central bank said in a statement that the decision to keep the key lending rate between 5.25 percent and 5.50 percent gives officials time to "assess additional information"

Major U.S. stock market indexes fell lower on Thursday as a jump in Treasury yields sent growth stocks lower after the U.S. Federal Reserve signaled interest rates could be raised again this year.