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High interest rate worries pressure stocks [Video]

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Traders work on the floor at the New York Stock Exchange on March 5, 2024.

Brendan Mcdermid | Reuters

This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here.

What you need to know today

Mixed markets, rising yieldsU.S. markets were mixed on Monday. The Nasdaq Composite rose while the S&P 500 and the Dow Jones Industrial Average fell, with the latter snapping its three-day winning streak. The 10-year Treasury yield jumped almost 12 basis points. Asia-Pacific markets fell on Tuesday. Australia’s S&P/ASX 200 lost 1.66% to touch its lowest closing level in around two weeks.

Shares of Hyundai Motor India fallHyundai Motor India shares retreated more than 5% on Tuesday – their trading debut –  according to BSE data. …

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