US EditionWall Street Sinks as US Stocks Fall Toward Their Worst Day in a Month
The S&P 500 is on track for its worst monthly loss as the 10-year Treasury yield rises to 4.27%, pressuring stocks amid legal uncertainty over tariffs.
- On Tuesday, U.S. stocks tumbled with the S&P 500 dropping 1.3%, Dow Jones down 571 points, and Nasdaq falling 1.7% amid broad market declines.
- This sell-off followed a federal appeals court ruling on Friday that struck down most of Trump's tariffs as unconstitutional, adding to existing economic uncertainties.
- The market also faced pressure from rising longer-term bond yields globally, worsening manufacturing data, and ongoing trade tensions that disrupted corporate orders and investor confidence.
- Gold prices rose 2% to $3,549.10 an ounce, while silver increased 1.8% to $41.46, surpassing $40 for the first time since 2011 as investors sought safer assets amid volatility.
- The declines suggest growing investor caution with expectations for potential Federal Reserve rate cuts and concern that the U.S. government might have to borrow more due to reduced tariff revenues.
29 Articles
29 Articles
U.S. stocks are headed for their worst loss in a month with Nvidia and Broadcom leading the way
U.S. stocks are tumbling on Tuesday, and some of Wall Street’s biggest stars are leading the way lower.The S&P 500 sank 1.2% and was on track for its worst loss in a month. The Dow Jones Industrial Average was down 498 points, or 1.1%, as of 9:37 a.m. Eastern time, and the Nasdaq composite was down a market-leading 1.4%. All three are still close to their recently set records.Nvidia and other companies that have benefited from the frenzy around …
San Bernardino Sun
Wall Street tumbles as US stocks fall toward their worst day in a month
Wall Street is tumbling as rising pressure from the bond market pulls U.S. stocks further from their records. The overall stock market was feeling pressure from rising yields in the bond market.
The Trentonian
Wall Street sinks as US stocks fall toward their worst day in a month
By STAN CHOE, AP Business Writer NEW YORK (AP) — Wall Street is sinking on Tuesday as rising pressure from the bond market pulls U.S. stocks further from their records. The S&P 500 fell 1.1% and was on track for its worst day in a month. The Dow Jones Industrial Average was down 412 points, or 0.9%, as of 2:30 p.m. Eastern time, and the Nasdaq composite was 1.3% lower. All three are still relatively close to their recently set all-time highs. Bi…
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