Shares in Wall Street They retreated today (21.5.2025), pushed by the sharp rise in public returns, as traders worried that a new budget bill USA It will further burden the American deficit.
The Dow Jones industrial index lost 817 points or 1.9%, while the S&P 500 fell 1.6% and Nasdaq slid 1.2% on Wall Street. The yield of the 30 -year US bond in the US has recently negotiated around 5.08%, the highest level recorded since October 2023. The yield on the 10 -year state -of -the -art reference has traded at 4.59%.
Long -term bonds have fallen as traders were worried that a new budget bill would aggravate the US deficit. The measure is expected to pass, as legislators come up with a compromise on state and local tax discounts, in view of President Mike Johnson’s deadline for the day of remembrance. Performances have increased even further after a bad afternoon auction for 20 years of debt, increasing fears that investors may lose their appetite for funding US deficits.
State bond yields had been launched last month, as President Donald Trump’s concerns have hit confidence in US debt secure shelter. The 10 years in April wandered from below 3.9% to over 4.5% in just a few days. The returns have fallen from these levels after Trump announced delays about when the contributions would come into force.
Target’s shares declined more than 4% after reducing the prospects of sales for the whole year by the large retail company, with its executives relying on the uncertainty of duties and the reaction to the company’s efforts for diversity, equality and integration. Unitedhealth was a member of Dow with the worst performance, losing more than 5% after HSBC downgrades. Large shares associated with Apple and Amazon technology also fell as interest rates increased.
The S&P 500 finished a series of six days of profit, while Nasdaq saw his first negative day after three.