Stock Market Today: Wall Street Loses Ground Ahead of Key Reports on the Job Market

id5541056 NYSE trader - The Japan Weeknd Magazine
Wall Street gave back some of its recent gains Monday as stocks finished lower ahead of some key reports this week on the job market that might provide more insight into the Federal Reserve’s thinking about interest rates.
The S&P 500 closed 0.5 percent lower. The benchmark index was coming off its best month in more than a year, and reached its highest level in more than a year on Friday.
The Dow Jones Industrial Average slipped 0.1 percent, while the Nasdaq composite dropped 0.8 percent.
Treasury yields rose broadly, putting some pressure on stocks. The yield on the 10-year Treasury, which influences mortgage rates, climbed to 4.25 percent from 4.21 percent late Friday….


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