Wall Street Snaps Winning Streak as Treasury Yields Climb

U.S. equities ended lower, snapping a three-week winning streak. The Nasdaq fell 2.8%, S&P 500 1.4%, and Dow Jones 0.4%, pressured by rising Treasury yields, semiconductor weakness and fiscal concerns. Markets remained cautious ahead of the Jackson Hole meeting and amid sticky inflation.

Indian equities declined for the second straight week amid high crude prices, rising U.S. yields and geopolitical tensions. FIIs sold around ₹1,600 crore, while DIIs invested over ₹17,300 crore. Nifty remains range-bound, with 24,400 as resistance and 24,000 as key support.