Nasdaq teeters near correction territory, down nearly 10% from record high

U.S. Treasury yields rose on Wednesday, nearing their highs from earlier this month that spooked traders.

The remarks were made to members of the press as the newly minted chief executive offered a slew of executive orders.

While some banks are bearish, and expect a decline, others are forecasting high single digit gains for the Stoxx Europe 600 index.