Stocks took a hit yesterday as the Dow plunged 700 points—its worst day since late July—with the S&P 500 and Nasdaq also dipping, ending a three-week winning streak. The turbulence appears linked to Treasury’s plan to lower bond yields, but unlike the Fed, they can’t just print money—any buybacks would require new debt or funding tweaks. On the bright side, Ross Stores surged over 7% after-hours on strong Q2 earnings: $2.06 EPS and $6.26B in revenue, beating forecasts, plus an upbeat full-year outlook. Market futures are trading flat this morning as investors digest the noise from rising yields and oil prices.
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