Market Indexes Fall Again as the 30-Year Yield Hits a 2004 High

Key Points The Nasdaq Composite fell 0.8%, the Dow 0.6%, and the S&P 500 0.5% by late Thursday morning. The U.S. and China extended their trade truce by only two months past its Nov. 10 expiration. The 30-year Treasury yield touched 5.446%, its highest since June 2004. 10 stocks we like better than Dow Jones Industrial Average › Stocks fell for a second straight session Thursday as Treasury yields pushed to multidecade highs and crude oil climbed again. Meanwhile, a data center setback for Oracle (NYSE: ORCL) weighed on technology shares. The Nasdaq Composite (NASDAQINDEX: ^IXIC) dropped 0.8% as of 11:25 a.m. ET, the Dow Jones Industrial Average (DJINDICES: ^DJI) fell 0.6%, and the S&P 500 (SNPINDEX: ^GSPC) took a 0.5% hit.