Bond Yields Drop After Dovish Comments From Fed's Waller
The stock market briefly perked up Thursday morning as bond yields retreated in the wake of dovish comments from Federal Reserve Gov. Christopher Waller. The Nasdaq Composite was down 0.1%. The Dow was down 82 points, or 0.2%, but that was because of UnitedHealth Group’s 4.7% slide, which shaved 155 points off the blue-chip index.