Share

Stock market live Thursday: 10-year Treasury yield hits 1.5%, Nasdaq down for the year, has the Fed lost control?

This is a markets live blog for CNBC PRO subscribers that will be updated throughout the day.

Stocks tumbled in afternoon trading following Federal Reserve Chairman Jerome Powell's comments at The Wall Street Journal Jobs Summit. He said that an economic reopening could put pressure on prices, which sent the 10-year Treasury yield over 1.5%. For continuous real-time insight on the market see below.

More In Markets

CNBC ProOil prices show no signs of easing as China starts to reopen and supply worries persist
CNBC ProInvestors are counting on the 3rd quarter — typically a 'no man's land' — to set up a year-end rally