10-year Treasury yield surpassed 4%, causing U.S. stock indices to decline; S&P 500 fell 0.3%.

U.S. stock indices declined as the 10-year Treasury yield exceeded 4% for the first time since summer, following strong employment data and reduced expectations for Federal Reserve interest rate cuts. The S&P 500 fell 0.3%, while rising oil prices, influenced by Middle East tensions, added to market pressures. Despite the dip, corporate earnings predictions remain positive, with expected 4.2% growth for S&P 500 companies in the upcoming quarter.