The main U.S. equity indexes tumbled at the opening bell after global stocks sold off overnight and trended lower into the closing bell on Tuesday. Investors, traders and speculators are weighing the global implications of a breakdown in the Japanese government bond market as well as President Donald Trump's use of new tariffs to achieve his foreign policy goals, including the annexation of Greenland.
The Dow Jones Industrial Average declined 870 points, or 1.8%, to 48,488. The S&P 500 was down 2.1% at 6,796, and the Nasdaq Composite shed 2.4% to 22,954. The 10-year U.S. Treasury yield rose to 4.293% from 4.227% on Friday to hit its highest level since September.
