Why is the stock market down? Dow drops as Treasury yields near highest level since 2007
Published
Wall Street fell sharply on Tuesday as it focused on the downside of a surprisingly strong job market. The S&P 500 dropped 1.4% to its lowest point in four months. The Dow Jones Industrial Average tumbled 430 points, or 1.3%, and wiped out the last of its gains made for the year so far. Some of…
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