Stock market today: Wall Street buckles under higher bond yields as Dow wipes out gain for the year

Wall Street buckles under higher bond yields

NEW YORK  — Wall Street fell sharply Tuesday as it focused on the downside of a surprisingly strong job market. The S&P 500 dropped 1.4 percent to its lowest point in four months. The Dow Jones Industrial Average tumbled 430 points, or 1.3 percent and wiped out the last of its gains made for the

Stock market today: Wall Street buckles under higher bond yields as Dow wipes out gain for the year

NEW YORK (AP) — Wall Street fell sharply Tuesday as it focused on the downside of a surprisingly strong job market. The S&P 500 dropped 1.4% to its lowest point in four months. The Dow Jones Industrial Average tumbled 430 points, or 1.3% and wiped out the last of its gains made for the year so far. Some of the heaviest losses came from Big Tech stocks, which sent the Nasdaq composite to a market-leading loss of 1.9%. Continue reading at The Repu…

Wall Street buckles as Dow wipes out gains for the year

The Nasdaq composite led the market lower with a 1.9% drop as Big Tech stocks were among the market’s biggest losers.

Stock market today: Wall Street buckles under higher bond yields as Dow wipes out gain for the year

Wall Street tumbled as it focused on the downside of a surprisingly strong American job market. The S&P 500 lost 1.4% Tuesday. The Dow fell 430 points and wiped out the last of its gains for the year so far. The Nasdaq composite led the market lower with a 1.9% drop as Big Tech stocks were among the market’s biggest losers. Stocks fell after a report showed U.S. employers have many more job openings than expected. That raised expectations for in…

Stock market today: Wall Street buckles under higher bond yields as Dow wipes out gain for the year

Wall Street tumbled as it focused on the downside of a surprisingly strong American job market. The S&P 500 lost 1.4% Tuesday. The Dow fell 430 points and wiped out the last of its gains for the year so far. The Nasdaq composite led the market lower with a 1.9% drop as Big Tech stocks were among the market’s biggest losers. Stocks fell after a report showed U.S. employers have many more job openings than expected. That raised expectations for in…

Stock market today: Wall Street buckles under higher bond yields as Dow wipes out gain for the year

Wall Street tumbled as it focused on the downside of a surprisingly strong American job market. The S&P 500 lost 1.4% Tuesday. The Dow fell 430 points and wiped out the last of its gains for the year so far. The Nasdaq composite led the market lower with a 1.9% drop as Big Tech stocks were among the market’s biggest losers. Stocks fell after a report showed U.S. employers have many more job openings than expected. That raised expectations for in…