Market Coverage - Monday June 13 | Yahoo Finance


Scheduled for 13 June 2022

Get the latest up-to-the-minute continuous stock market coverage and big interviews in the world of finance every Monday–Friday from 9 am to 5pm (ET).


U.S. stocks traded sharply lower Monday, with traders betting a fresh decades-high print on inflation will force the Federal Reserve to get even more aggressive than previously anticipated to help ease rising prices. 

 

The S&P 500 and Nasdaq each dropped more than 2% shortly after the opening bell, extending losses from the overnight session. The S&P 500 also traded in bear market territory, with its intraday level setting it on track to end more than 20% below its recent record high from January. The Dow sank by more than 500 points, or about 1.8%. Treasury yields rose across the curve, and the benchmark 10-year yield jumped to its highest level since late 2018.



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