US equity markets closed in negative territory on Thursday, as investors navigated a session defined by geopolitical uncertainty and rising Treasury yields.
The pullback reflects a broader shift toward caution among traders ahead of a critical week of corporate earnings reports, with major technology names set to report results.
Rising bond yields have added pressure to equity valuations, particularly for growth-oriented sectors.
The S&P 500 declined 0.4% to close at 7,543, extending the retreat seen earlier in the week.
This follows a period of mixed performance, with the Dow Jones Industrial Average previously finishing in positive territory while broader indices struggled.
The market's hesitation underscores the delicate balance between resilient corporate fundamentals and macroeconomic headwinds.
Rising bond yields have added pressure to equity valuations, particularly for growth-oriented sectors.