The U.S. stock market gave back more of its record-setting rally.
The S&P 500 fell 0.7% Tuesday for its third straight loss since setting its latest all-time high. The Dow Jones Industrial Average dropped 0.6%, and the Nasdaq composite sank 0.8%.
The declines followed mixed moves for stock markets abroad, while oil prices eased in their latest yo-yo move. Tech stocks are faltering following huge runs as higher yields in bond markets crank up the pressure on all kinds of other investments. Yields are climbing on worries about inflation staying high due to the war with Iran.
