Major Stock Markets Fall Again as Bonds Take the Spotlight

Wednesday was another day of mixed performance on Wall Street, as major stock market benchmarks were mixed. Investors' preference for growth stocks seemed to reassert itself, as the Nasdaq Composite (NASDAQINDEX: ^IXIC) once again managed to gain substantial ground in setting a new record high and eclipsing the 10,000 milestone. However, market participants were generally more concerned with whether the economy will successfully turn itself around from the coronavirus-inspired shutdowns that brought the business world to a standstill for several months. The Dow Jones Industrial Average (DJINDICES: ^DJI) and S&P 500 (SNPINDEX: ^GSPC) both posted losses on the day.

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Source Fool.com