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How major US stock indexes fared Tuesday, 5/28/2024

  • U.S. stocks declined due to higher bond yields, affecting Wall Street post-holiday weekend. The S&P 500 remained near a record, with about two-thirds of its stocks dropping.
  • The Dow Jones Industrial Average fell by 0.6% while the S&P 500 closed almost unchanged, staying below a previous record.
  • Despite overall decline, certain technology stocks performed well, aiding the Nasdaq composite to reach another all-time high.
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Financial Post broke the news in Canada on Tuesday, May 28, 2024.
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