
Weekly Market Update: January 13, 2025
01/13/25
Rising Yields Pressure Equities
Broad equity indexes declined for the second consecutive week as Treasury yields continued to rise. The S&P 500 and Nasdaq 100 each fell 2%, and the Russell 2000 declined 3.5%. The 10yr Treasury yield ended the week up 16 basis points at 4.75%, the highest close in more than a year. US equity indexes have now largely erased their post-election day gains as higher yields put pressure on stocks.
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