Stocks slip on Wall Street as rising Treasury yields pressure the market
(AP) — Stocks closed modestly lower on Wall Street Tuesday as another increase in long-term Treasury yields weighed on the market. The S&P 500 slipped 0.2% after wavering between modest gains and losses for much of the day. The Dow Jones Industrial Average dropped 0.3%, and the Nasdaq composite fell 0.1%. Major indexes shifted lower after a quiet morning as rising bond yields undercut much of the heavy lifting being done by several technology behemoths. Nvidia, the market's most influential stock, gave up an early gain and closed 0.7% lower. Broadcom rose 1.6%. Stocks remain ...
