Dow Falls Nearly 280 Points As Key Earnings and Inflation Data Loom

Dow Falls Nearly 280 Points As Key Earnings and Inflation Data Loom


The stock market pulled back from record levels during a sleepy Friday session, as a gauntlet of key earnings and inflation reports loomed.

The Dow Jones Industrial Average dropped 279 points, or 0.6%. The S&P 500 was down 0.3%. The Nasdaq Composite was down 0.2%. The S&P and Nasdaq each hit record highs on Thursday.

The yield on the 2-year Treasury note rose to 3.91%, while the 10-year yield rose to 4.42%.


www.barrons.com
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