Morgans AM
Morgans AM
Morgans Financial Limited
Wednesday, 29 March 2023: US equity markets logged modest declines, with a fresh rise in Treasury yields weighing on technology stocks
4 minutes Posted Mar 28, 2023 at 10:55 pm.
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US equity markets logged modest declines, with a fresh rise in Treasury yields weighing on technology stocks - Dow slipped -38-points or -0.12%, The broader S&P500 eased -0.16%, with Communication Services (down -1.02%) leading six of the eleven primary sectors lower. Energy (up +1.45%) sat atop the primary sector leaderboard for a second consecutive session. The Nasdaq lost -0.45%. Apple Inc fell -0.40% and Google parent Alphabet Inc -1.65%. The small capitalisation Russell 2000 dipped -0.06%.