US stocks: Wall Street closes down, Dow snaps longest winning streak since 1987

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The US stocks closed lower on Thursday after reports that the Bank of Japan would allow long-term interest rates to rise, which pushed US yields higher and reduced the appeal of stocks. The S&P 500 lost 0.63%, ending at 4,537.82 points, whereas the Nasdaq Composite was down 0.54%, ending at 14,050.86. The Dow Jones Industrial Average fell 0.66%, ending at 35,286.39 after a winning streak.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/CvNh2xu

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