Wall Street declines due to rising Treasury yields, poor Walmart performance, and ongoing wars
2026-08-21 04:42:31
According to CoinMeta, Wall Street declined due to rising Treasury yields, poor Walmart performance, and the ongoing Middle East conflict. On Thursday, the S&P 500 index fell by 64.33 points, or 0.83%, closing at 7,643.65 points; the Nasdaq Composite Index fell by 272.67 points, or 1.04%, closing at 26,058.42 points; and the Dow Jones Industrial Average fell by 693.04 points, or 1.30%, closing at 52,770.01 points. Rising Treasury yields and increasing oil prices put new pressure on the market, with Brent crude oil prices approaching $93 per barrel, the highest level in several months. Walmart's performance fell short of expectations, leading to a decline of about 8% in its stock price, the largest single-day drop in four years. Overall market sentiment was affected by the tense situation in the Middle East, and traders remained cautious about future market trends.
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Source:Internet
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