S&P 500 Falls Third Straight Day on Bond Yields, Oil
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- S&P 500 declined for a third straight day as elevated global bond yields and rising oil prices weighed on equities, per CNBC's coverage
- Klarna Group posted the largest single-stock loss in U.S. markets on Tuesday, per Barron's headline tracking the session's biggest decliner
Why it matters: A third consecutive decline indicates sustained selling pressure rather than a one-day wobble. The combination of rising bond yields (tightening financial conditions) and climbing oil prices (inflation risk) hit growth-sensitive tech hardest, suggesting rate-expectation repricing rather than a single-sector rotation is driving the move.
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