Wall Street closes lower as oil and yields pressure stocks, while energy and Microsoft buck the slide
Executive summary: U.S. equities finished lower in a broad risk-off session, with the S&P 500, Nasdaq Composite and Dow all retreating. The move came alongside a sharp jump in WTI crude, a stronger dollar against the yen, and notable weakness in metals, small caps, crypto and several high-beta growth names. Energy stocks outperformed, while Microsoft and Apple held up better than the rest of mega-cap tech. [Continue Reading]
Sponsored
