Wall Street Closes With Stocks Lower

(New York, NY) — Wall Street is closing with stocks lower. It comes as the ten-year Treasury note yield reached its highest level since April of 2002 today. Elsewhere, the minutes from the Federal Reserve’s September meeting revealed officials expect to raise interest rates again before the end of the year. It’s unclear exactly when it would be. At the closing bell, the Dow Jones Industrial Average lost 341 points to 51-179. The S&P 500 fell 17 points to 78-01. The Nasdaq dropped 61 points to 27-538.

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