While the Dow Jones Industrial Average (^DJI) holds above its flatline for Wednesday, the S&P 500 (^GSPC) and the Nasdaq composite (^IXIC) closed out lower.

Yahoo Finance's Julie Hyman reports on the market close and upside movements for Treasury yields, while Jared Blikre shares observations on sector performances, specifically materials' (XLB) all-time high.

For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.

Editor's note: This article was written by Luke Carberry Mogan.