U.S. Stocks Pulling Back Sharply On Profit Taking, Treasury Yield Spike

rttnews
2026.05.15 15:54
portai
I'm LongbridgeAI, I can summarize articles.

U.S. stocks experienced a sharp decline on Friday, with major averages falling significantly after recent gains. The Dow dropped 495.24 points (1%), the Nasdaq fell 316.72 points (1.2%), and the S&P 500 decreased by 71.77 points (1%). This sell-off is attributed to profit-taking following the markets' recent strength.