US stocks end in negative territory

Treasury yields steady after hitting 2-year highs earlier in the week

2022-01-21 01:39:36


US stocks ended lower Thursday due to ongoing concerns related to the Federal Reserve's interest rate moves and tensions between Russia and Ukraine. 

The Dow Jones Industrial Average was down 0.89%, or 313.26 points, to 34,715.

The S&P 500 lost 50.03 points, or 1.1%, to close at 4,482.

The Nasdaq was off 186.23 points, or 1.3%, to 14,154.

Several companies saw declines, but Tesla and Microsoft and vaccine producers Johnson & Johnson and Moderna outperformed markets.

Treasury yields were steady after reaching two-year highs earlier in the week.

Nearly all Asian and European stocks closed with gains while Turkiye's BIST 100 index posted a decline.