Stock Current market Right now: Dow, S&P Reside Updates for Mar. 24, 2021

Stock Current market Right now: Dow, S&P Reside Updates for Mar. 24, 2021

Tech providers led declines in U.S. equities as buyers rotated away from the shares that thrived for the duration of the pandemic. Oil jumped after the Suez Canal was blocked by a huge container ship.

Zoom Video clip Communications Inc., Peloton Interactive Inc. and DocuSign Inc. ended up between the worst performers on the Nasdaq 100. Electricity producers, financial institutions and transportation firms fared superior as traders bought up cyclical stocks. The greenback strengthened.

Desire amplified at an auction of 5-year Treasury notes, boosting the bid-to-address ratio from the preceding sale, a aid after last month’s disastrous 7-year auction sparked a international selloff in bonds. Buyers are also wagering on which sectors of the inventory sector are poised to fare the greatest as expansion picks up.

U.S. Treasury yields erase drop as investors await auctions