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Wall Street Falls As 30-Year Treasury Flirts With 5% Yield: What's Driving Markets Tuesday?

Benzinga LogoBenzinga13h ago

Wall Street Falls As 30-Year Treasury Flirts With 5% Yield: What's Driving Markets Tuesday? - Benzinga

Quick Summary:

U.S.stocks pulled back Tuesday morning as Wall Street recalibrated expectations on growth and inflation amid rising fiscal risks tied to President Donald Trump's sweeping tax proposal.The S&P 500 declined 0.4% to 5,935, potentially ending its six-day rally, while tech shares showed parallel losses.

Trump has personally urged GOP lawmakers to back the bill, which he considers central to his second-term agenda.“Alternative to not passing tax bill is massive tax hikes,” Trump said on Tuesday.

The bill seeks to extend 2017 tax cuts, expand exemptions and overhaul federal spending, effectively tying tax relief to a reshaping of government priorities.

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Article Details

Author / Journalist: Piero Cingari

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-20 @ 16:57:32 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 421 words

Reading Time: 3 minutes read

Sentences: 23 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 28879308

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About Benzinga

Benzinga Logo

Main Topics: Technology

Official Website: benzinga.com

Update Frequency: 34 posts per day

Year Established: 2010

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #53

Publisher Details

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The story "Wall Street Falls As 30-Year Treasury Flirts With 5% Yield: What's Driving Markets Tuesday?" was covered 13 hours ago by Benzinga, a news publisher based in United States.

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  • URL: https://tex.beamstart.com/news/wall-street-falls-as-30-17477604438206

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