Ticker: Rising Treasury yields push stocks down
Stocks drifted lower on Wall Street as long-term Treasury yields ticked higher. The S&P 500 fell 0.2% Tuesday. The Dow Jones Industrial Average slipped 0.3%, and the Nasdaq composite fell 0.1%. Stocks have been under pressure as oil prices have swung sharply amid the U.S. war with Iran, helping to push Treasury yields higher. The yield on the 10-year Treasury rose to 5.25% and earlier touched its highest level in 24 years. The price of Brent crude oil fell 1.7% to $96.16 a barrel, but remains far above where it was this summer. Markets in Europe were mixed. Trump: Tech firms sign ...