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The Stock Market Stressed Out Everyone Again Wednesday

Things were looking pretty good...until the afternoon.

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It was another dizzying day for stocks. The Dow went down when the markets opened Wednesday. Then it rose! Until it went down again. It closed down .08% for the day.

* Continuing several days of volatility, which included a record decline Monday, the Dow fell more than 100 points at open Wednesday morning.

* The Dow was up as much as 381 points today, but ultimately finished down 19 points, or 0.08%.

* One factor: After congressional leaders reached a two-year budget deal Wednesday, the 10-year Treasury yield jumped to 2.84%. Investors worry that the rise in Treasury yields might be a sign of inflation and impending interest rate hikes from the Federal Reserve, reported CNNMoney.



The Dow closed down 0.08% on Wednesday. An earlier version of this story misstated the percentage.

Venessa Wong is a business reporter for BuzzFeed News and is based in New York. Wong covers the food industry.

Contact Venessa Wong at

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