US stocks close with sharp declines. Higher yields/geopolitical risk weighs on the indices

The US stocks are closing with sharp declines as higher yields and geopolitical risks weighed on the indices. The NASDAQ index is the biggest decline with a fall of over -1.7%. The S&P index fell by over -1.1%.

The final numbers are showing:

• Dow industrial average fell -248.13 points or -0.65% at 37735.12
• S&P index fell -61.59 points or -1.20% at 5061.81
• NASDAQ index fell -290.08 points or -1.79% at 15885.02

The small-cap Russell 2000 fell -27.46 points or -1.37% at 1975.708

Looking at the S&P sectors., the biggest losers today were:

• Information technology -1.99%
• Real estate, -1.76%
• Communication services -1.638%
• Consumer discretionary -1.62%

The best of the decliners today were:

• Healthcare -0.19%.
• Consumer Staples, -0.43%.
• Materials, -0.49%
• Financials, -0.51%

This article was written by Greg Michalowski at www.forexlive.com.