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The stock market faced significant declines as the Dow Jones fell over 300 points and the Nasdaq struggled to maintain gains, driven by rising Treasury yields. Concerns over interest rate cuts by the Federal Reserve and inflation worries contributed to the market's volatility, with indexes sliding and bond yields reaching four-week highs.
US STOCK FUTURES DROP AS HIGH YIELDS SOUR MOOD - EUROPE MARKET WRAP https://t.co/Zhnbizp7qx
WATCH: US stocks declined amid interest rate concerns as the Dow dropped to its lowest level in nearly a month and closed down more than 1%, the S&P 500 shed nearly three-quarters of a percent and the Nasdaq lost almost six-tenths of a percent https://t.co/Jzvrb2LdAm https://t.co/QW12YvIuEH
Stocks sink as bond sell-off fuels jitters https://t.co/glM4FiMvYL