How major US stock indexes fared Thursday
The Associated Press
Stocks closed lower on Wall Street Thursday as investors gave mixed reviews to earnings from four of the nation’s largest banks. The yield on the 10-year Treasury rose as inflation worries continue to overhang the markets. Investors again turned their attention to the drama surrounding Tesla CEO Elon Musk and Twitter. Musk offered to buy the social media company two weeks after revealing he’d accumulated a 9% stake.