On Monday morning, as the benchmark 10-year Treasury yield momentarily climbed above 5%, stocks declined as investors adjusted to the idea that interest rates might remain higher for longer. The Dow Jones Industrial Average (DJI), the S&P 500 (GSPC), and the Nasdaq Composite (IXIC) all fell by about 0.5% at Monday’s opening bell. Important earnings … Continue reading Daily Shocker Recap of Today Business News October 23, 2023