Major US Stock Indexes Head Lower as Bond Yields Spike

Major US Stock Indexes Head Lower as Bond Yields Spike
Major US Stock Indexes Head Lower as Bond Yields Spike

U.S. stocks moved broadly lower in afternoon trading Tuesday, led by declines in technology, health care and consumer-focused companies. The slide put the Dow Jones industrial average on track to end an eight-day winning streak. Bond prices fell, sending yields to their highest level in almost seven years. The pickup in bond yields followed a report showing a solid increase in U.S. retail sales last month.

The New York Times

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