The Dow Jones Industrial Index (^DJI) settled down 905 points (2.53%) in its worst post-Thanksgiving Day performance since 1931
BNP Paribas Asset Management's Daniel Morris joins Yahoo Finance Live to discuss various factors contributing to Friday's market drop.
The two-year U.S. Treasury yield, which typically moves in step with interest rate expectations, was down 14.2 basis points at 0.502, the sharpest drop since March 2020. The yield on 10-year Treasury notes was down 16.8 basis points to 1.477%. The yield on the 30-year Treasury bond was down 14.2 basis points to 1.829%.