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Stocks Fall After 2-Year Treasury Yield Reaches 5%

Stocks Fall After 2-Year Treasury Yield Reaches 5%

Stocks turned lower on Thursday as the 2-year Treasury yield hit 5%. The Dow Jones Industrial Average was flat. The S&P 500 was down 0.1%. The Nasdaq Composite was down 0.2%. The S&P was on track to close lower after opening higher for the fourth-straight day.