US stocks fall as bond yields rise, S&P 500 third loss
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- S&P 500 fell further from record highs as bond yields rose, reflecting inflation concerns.
- Dow pared losses while the Nasdaq also slipped, amid the same bond‑yield pressure.
- S&P 500 posted a third straight losing session, extending its recent downtrend.
Why it matters: Investors see portfolio values dip as yields climb, while bond traders benefit from higher rates; the sustained equity sell‑off tightens corporate financing and weighs on earnings forecasts.