U.S. Stocks Fall as Bond Yields Climbs With Oil -- Market Talk
Dow Jones05-16 04:08
1608 ET - U.S. stocks drop to end a choppy week of tradingas worries about a prolonged closure of the Strait of Hormuz grow, with lack of progress coming out of President Trump's visit to China. U.S. crude oil prices climb 10% for the week, while Treasury yields post their biggest rise in over a year. Energy stocks are the only sector to rise for the day while materials fall the most. The S&P 500 rises for a seventh straight week, while the Nasdaq and Dow Industrials post small gains. DJIA falls 537 points, or 1.1%, to 49526, the S&P 500 loses 1.2% to 7408 and the Nasdaq drops 1.5% to 26225. (patrick.sullivan@wsj.com)
(END) Dow Jones Newswires
May 15, 2026 16:08 ET (20:08 GMT)
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