Stocks Fall on Report China Could Slow or Halt Investments in U.S. Debt


Stock xchangeStocks declined on Wednesday, Jan. 10, the dollar slumped and bond yields spiked to a 10-month high following reports that China may be reconsidering its investment in U.S. government debt.

If stocks finished lower on Wednesday it would be the first down day of 2018.

The Dow Jones Industrial Average fell 44 points, or 0.18%, the S&P 500 slipped 0.22%, and the Nasdaq was down 0.5% after Bloomberg reported that officials managing China's massive $3.14 trillion in foreign reserves -- which touched a September 2016 high last month -- were considering slowing or even halting their investments in U.S. Treasuries, citing trade tensions between Beijing and Washington as well as the lure of other global asset classes.