The New York Entrepreneur

: S&P 500, Nasdaq open lower as higher bond yields weigh on stocks

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U.S. stocks opened mostly lower on Thursday, with only the Dow lingering in positive territory, as inflation fears helped push the yield on the 10-year Treasury note past 4%. The S&P 500 SPX fell by 17 points, or 0.4%, to 3,933. The Nasdaq Composite COMP declined by 95 points, or 0.8%, to 11,284. The Dow Jones Industrial Average DJIA gained 76 points, or 0.2%, to 32,738.

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