US STOCKS-Wall St falls as high bond yields, sinking health stocks weigh [Reuters (UK)]
Berkshire Hathaway Inc. New (BRK.B)
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Source: Reuters
Wall St. falls as high bond yields, sinking health stocks weigh | Reuters 4 Min Read (Reuters) - U.S. stocks were on track for a second straight day of losses on Tuesday as healthcare stocks and rising bond yields weighed on all three major U.S. indexes. The Dow Jones Industrial average fell 241 points or 0.91 percent at the opening bell, its biggest opening gap-down in nearly 16 years. The index continued to slide as the trading day wore on. “People might be profit taking, getting out of the way of a potential sell-off after an extremely strong month,” said Jonathan Mackay, investment strategist at Schroders in New York. U.S. Treasury yields climbed to multi-year highs after the start of the Federal Reserve’s two-day meeting, which could shed light on the central bank’s economic and rate hike outlook. Healthcare-related stocks dragged the major indexes down on news that Amazon.com ( AMZN.O ), Berkshire Hathaway ( BRKa.N ) and JPMorgan Chase ( JPM.N ) will form a healthcare comp
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BRK.B
Earnings
- 2/26/24 - Beat
BRK.B
Sec Filings
- 4/22/24 - Form 424B5
- 4/18/24 - Form FWP
- 4/10/24 - Form PX14A6G
- BRK.B's page on the SEC website