Dow plunges more than 400 points as spiking yields weigh on stocks

Dow plunges more than 400 points as spiking yields weigh on stocks

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Stocks fell sharply Tuesday afternoon, as US Treasury yields surged to their highest levels in over a decade, worrying investors that higher borrowing rates could further stall the housing market. The Dow fell 430 points, or 1.3%, notching its lowest close since June and turning lower for the…

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