US stocks open lower as Treasury yields soar

US stocks open lower as Treasury yields soar
Reuters
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The Dow Jones Industrial Average fell 84.8 points, or 0.28%, at the open to 30439.04.

Reuters
Wall Street's main indexes opened lower on Wednesday as Treasury yields surged to 14-year highs amid rising interest rates, denting gains powered by streaming giant Netflix after it reversed customer losses.

The Dow Jones Industrial Average fell 84.8 points, or 0.28%, at the open to 30439.04. The S&P 500 fell 16.9 points, or 0.45%, at the open to 3703.11, while the Nasdaq Composite dropped 83.1 points, or 0.77%, to 10689.311 at the opening bell.

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