Dow ends higher for 6th session, but Treasury yields pressure market
Thu, May 9, 2024 8:37 AM

Dow ends higher for 6th session, but Treasury yields pressure market

A Flip by Shubhangi Gupta
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The Dow Jones Industrial Average ended higher on Wednesday, stretching its winning streak to six straight sessions and closing above 39,000 points for the first time in five weeks, as investors kept betting on supportive U.S. monetary policy. The other Wall Street benchmarks cooled a touch as momentum stalled and U.S. Treasury yields rose on the day of a 10-year notes auction.

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