Markets

Dow declines for eighth time in 10 sessions as bond yields rise even further

U.S. stocks ended mostly higher on Monday as Treasury yields hit more multi-year highs and lawmakers averted a shutdown of the federal government over the weekend.

What happened

Stocks had closed out a losing September and third quarter on Friday. The S&P 500 fell 4.9% in September to post its worst month of 2023 and declined 3.7% for the quarter. The Dow and Nasdaq also suffered quarterly declines.

Market drivers

Stocks…

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