Stocks end mixed, 10-year Treasury yield nears 4%, Hurricane Ian hits oil

  • Stocks end mixed, 10-year Treasury yield nears 4%, Hurricane Ian hits oil

    U.S. stocks, in a volatile session, ended mixed with the Nasdaq Composite posting modest gains, while the Dow Jones Industrial Average and S&P 500 closed little changed. Consumer staples and utilities fell, while consumer discretionary and energy rose. The yield on the 10-year Treasury hit 3.963%, the highest since April 2010. In commodities, oil jumped over 2% to $78.50 per barrel as traders monitor fast approaching Hurricane Ian.

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