Forbes Dividend Investor: August 19 Weekly Review

Stocks endured their third straight week of declines as bond yields continued to climb. The yield on the 10-year U.S. Treasury note reached a 16-year high of 4.33% before finishing Friday at 4.25%. For the week, the S&P 500 Index fell 2.1%, the Nasdaq 100 dropped 2.2%, and the Russell 2000 Small Cap Index was down 3.3%.