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US and world stocks fell for a second day, with investor sentiment pressured by elevated bond yields and caution ahead of US inflation data. The US 30-year yield rose to 5.62%, its highest since 2002, while oil prices fell.
U.S. stocks were little changed by midday Tuesday, with small caps and the Dow lagging while tech held up, as the 10-year Treasury yield pushed to its highest level since 2007 and talks to end the Iran war showed little progress. Mediators are working on a deal to reopen the Strait of Hormuz, yet Trump has rejected Ira