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Dow closes 110 points lower as bond yields rise and semiconductor stocks slide

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US stocks ended lower on Tuesday as rising sovereign bond yields and elevated oil prices increased concerns about persistent inflation and borrowing costs. The S&P 500 fell 0.69%, while the Nasdaq Composite declined 1.33%. The Dow Jones Ind…

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Dow closes 110 points lower as bond yields rise and semiconductor stocks slide
Invezz 17h ago

Dow closes 110 points lower as bond yields rise and semiconductor stocks slide

US stocks ended lower on Tuesday as rising sovereign bond yields and elevated oil prices increased concerns about persistent inflation and borrowing costs. The S&P 500 fell 0.69%, while the Nasdaq Composite declined 1.33%. The Dow Jones Ind…