US Stocks Decline: S&P 500 Drops 0.52%, Nasdaq Falls 0.32%

Major US indices close lower amid rising yields and cautious sentiment. S&P 500 down 0.52%, Nasdaq 0.32%, Dow 0.51% as investors weigh economic data.

Woofun AI reports that US equity markets closed in negative territory, with the S&P 500 declining 0.52%, the Nasdaq Composite dropping 0.32%, and the Dow Jones Industrial Average falling 0.51%. The broad-based pullback was driven by weakness in technology, industrials, and consumer discretionary sectors, alongside a rise in the 10-year Treasury yield to 4.2% and a stronger US dollar.