Stock Market Today: Stocks Slide as Oil Prices and Bond Yields Keep Rising
U.S. stocks were lower on Tuesday, as bond yields kept rising and the price of oil hit new highs.
Shortly after the open, the Dow Jones Industrial Average was down 130 points, or 0.4%, after the index rose 71 points Monday to close at 34,869. The S&P 500 declined 0.8%, and the Nasdaq Composite fell1.4%.
“U.S. equity futures are decidedly…