[Breaking News] New York Stock Market Closes Lower Amid Rising Treasury Yields

The three major indices of the U.S. New York stock market all closed lower on the 16th (local time), hovering near the previous day's levels as the benchmark 10-year U.S. Treasury yield surpassed the 4% mark again.

On the New York Stock Exchange (NYSE) that day, the Dow Jones Industrial Average fell 0.62% compared to the previous session. The large-cap-focused S&P 500 index dropped 0.37%, and the tech-heavy Nasdaq index closed down 0.19%.

This week, corporate earnings and consumer indicators that can gauge economic trends will be released one after another.