US stocks fall as higher oil lifts Treasury yields
US stocks declined after higher oil prices lifted bond yields, with the Dow down 503 points and the S&P 500 down 0.6%.
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03:55:50 PM UTC
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By Tharuniyaa Lakshmi and Shashwat ChauhanThe Nasdaq and the S&P 500 eased from record highs on Wednesday as Treasury yields and oil prices rebounded, keeping investors cautious as they awaited the minutes of the Federal Reserve's September meeting.Sentiment turned more cautious as investors reasse…
US stocks fell on Wednesday as higher oil prices lifted bond yields, pushing Treasury yields to levels not seen in more than two decades. 6%. 7%. US Treasury yields were at levels not seen in more than two decades.