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Wall Street closes lower as yields rise and oil spikes

U.S. stocks extended their slide Tuesday, with the global bond selloff deepening and crude prices spiking as hopes for a near-term solution to the U.S.-Israeli war with Iran faded.

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By Stephen Culp and Niket NishantU.S. stocks extended their slide on Tuesday, as the global bond selloff deepened and crude prices spiked amid fading hopes for a near-term solution to the U.S.-Israeli war with Iran.All three major U.S. stock indexes began the new month on a sour note, closing decis…