Stock ETFs Pare Recent Gains as Interest Rates Jump Again
March 12, 2021 at 13:10 PM EST
Stocks and index ETFs slipped on Friday amid surging bond yields, reigniting concerns that rising rates will damage the rise in equities, especially tech names. Rollover in the stock index futures may also be contributing to the decline. The S&P 500 fell 0.4%, before paring those losses,...