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US STOCKS-Wall St falls as solid jobs report boosts bond yields
U.S. stocks dropped for a second straight day on Friday, weighed down by another rise in Treasury yields in the wake of a solid jobs report that capped off a week of robust data. The losses were led by heavyweight stocks in the technology and communication services sectors including all members of the so-called FAANG group – Facebook, Amazon, Apple , Netflix and Alphabet. Online retailer Amazon, part of the consumer discretionary sector, lost 1 percent.
https://finance.yahoo.com/news/us-stocks-wall-st-falls-202541431.html?.tsrc=rss
U.S. stocks dropped for a second straight day on Friday, weighed down by another rise in Treasury yields in the wake of a solid jobs report that capped off a week of robust data. The losses were led by heavyweight stocks in the technology and communication services sectors including all members of the so-called FAANG group – Facebook, Amazon, Apple , Netflix and Alphabet. Online retailer Amazon, part of the consumer discretionary sector, lost 1 percent.
https://finance.yahoo.com/news/us-stocks-wall-st-falls-202541431.html?.tsrc=rss
