US Stocks Slip as Treasury Yields Rise; Manufacturing Slows

U.S. stocks dip on rising yields and ninth month of manufacturing contraction ahead of Fed decision.

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US Stocks Slip as Treasury Yields Rise; Manufacturing Slows

US Stocks Slip as Treasury Yields Rise; Manufacturing Slows
U.S. markets ended lower as Treasury yields climbed sharply, pressuring equity valuations, while recent data showed U.S. manufacturing contracted for the ninth straight month in November. The slump underperformed broad indices, and concerns mounted that persistent tariff pressures and weak manufacturing demand could dampen growth.
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