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Dow finishes 360 points lower as stocks give up strong early gains

37822 dow finishes 360 points lower as stocks give up strong early gains

Stocks ended sharply lower Thursday, reversing strong early gains as Treasury yields saw a renewed rise. The Dow Jones Industrial Average DJIA, -1.05% fell around 369 points, or 1%, to finish near 34,792, according to preliminary figures, while the S&P 500 SPX, -1.48% dropped 1.5% and the Nasdaq Composite COMP, -2.07% tumbled 2.1%. The yield on the 10-year Treasury note rose around 6 basis points to 2.902%.

Source: Marketwatch

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