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U.S. stocks fall as Treasury yields and crude oil rise

U.S. stocks traded mostly lower on Tuesday, with the S&P 500 closing at its lowest level in over a month amid higher Treasury yields and crude oil prices.

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Story updates

08:47:13 PM UTC
SquawkNews
U.S. Stocks Down as Oil, Yield Shock Continues — Update
08:54:31 PM UTC
SquawkNews
By Chibuike OguhU.S. Treasury yields hit their highest level since 2007 and oil prices rose on Tuesday, weighing down global stocks, which extended a selloff from the day's previous session.Yields on benchmark U.S. government debt have marched steadily higher over the past month due to growing conc…

S. Treasury yields rose to their highest level since 2007 on Tuesday, while oil prices also climbed, pressuring global equities and extending the selloff from the previous session. S. government debt yields have been rising steadily over the past month amid growing concern...