Wall Street Weekly: Rally Pauses Amid Profit-Taking, Rising Treasury Yields
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Traders work on the floor of the New York Stock Exchange on July 11, 2025. Spencer Platt/Getty Images
After a two-week rally that pushed the S&P 500 Index and the Nasdaq Composite Index to new highs, U.S. stocks mainly traded sideways last week.
They ended slightly lower because of profit-taking, rising Treasury bond yields, and renewed trade tensions ahead of the new earnings season, and inflation reports.
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