Market Wrap-Up

The Dow Jones fell 1.29%, the S&P 500 dropped 0.78%, and the Nasdaq declined 0.7%.

The yield on the 10-year U.S. Treasury rose 4.65 basis points, reaching a new high of 4.2040%. The 2-year Treasury yield increased by approximately 3.60 basis points, hitting 4.4735%.

WTI crude oil for August delivery fell $0.03, or about 0.04%, to $82.82 per barrel. Brent crude for September delivery rose $0.03, or less than 0.04%, to $85.11 per barrel. COMEX gold futures fell 0.49% to $2496.60, and spot silver dropped 1.54%. LME tin fell over $1300, or about 4.1%, while LME copper dropped around 2.6%, and both LME zinc and lead declined over 1.3%.