Dow tumbles 400+ points,10-year yield spikes, oil tops $84 [FOX Business Network]
Microsoft Corporation (MSFT)
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Source: FOX Business Network
U.S. stocks opened sharply lower as both oil and bonds ticked higher. The Dow Jones Industrial Average fell over 450 points or 1.4%, while the S&P 500 and Nasdaq Composite slid 1.2% and 1.7%, respectively. The 10-Year Treasury yield rose to 1.84%, adding pressure to equities. Ticker Security Last Change Change % I:DJI DOW JONES AVERAGES SP500 S&P 500 I:COMP NASDAQ COMPOSITE INDEX Powered By Oil also rose to the $84 level following an attack on an oil facility in the capital of the United Arab Emirates that killed at least three people. Ticker Security Last Change Change % USO UNITED STATES OIL FUND L.P. Powered By In deal news, Microsoft is buying Activision in a deal valued at $68.7 billion giving the software giant a leg-up in the gaming world with titles including ‘Call of Duty' and ‘Candy Crush', the companies announced Tuesday. Ticker Security Last Change Change % MSFT MICROSOFT CORP. ATVI ACTIVISION BLIZZARD INC.
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