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US stocks slipped on Wednesday after the S&P 500 and Nasdaq snapped a three-day losing streak, as investors watched for signs of life in the tech-driven rally and weighed the prospects for rate cuts. The benchmark S&P 500 (^GSPC) fell around 0.2% while the Dow Jones Industrial Average (^DJI) dropped about 0.4%. Meanwhile, the tech-heavy Nasdaq Composite (^IXIC) was just below the flatline as Nvidia (NVDA) extended its rebound. The moves lower in stocks came as Treasury yields inched off their 3-month lows. The 10-year Treasury yield (^TNX) added 6 basis points to climb back to 4.3%. A wobbly last…
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March 18, 2025
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