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Markets News: Dow Ekes Out Gain; Nasdaq Slips as Bitcoin Trades Near Record

From investopedia.com

Stocks were mostly lower on Wednesday while Bitcoin hit a fresh record and Treasury yields continued to climb after yesterday's hotter-than-expected inflation report. The Dow Jones Industrial Average eked out a 0.1% gain Wednesday, while the S&P 500 slipped 0.2% and the Nasdaq Composite retreated 0.5%. The yield on the benchmark 10-year Treasury advanced to 4.19%, about 9 basis points higher than it was before yesterday's CPI. The 2-year yield, at 4.64%, has risen about 10 points. Bitcoin renewed its surge higher Wednesday morning, climbing above $73,000 after topping $72,000 yesterday. Oil and gold futures ... (full story)

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