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Kiplinger
Kiplinger
Business
Karee Venema

Nasdaq Sinks as Bond Yields Pressure Tech Stocks: Stock Market Today

Close-up of a stock trader's monitor featuring candlesticks and moving averages.

Stocks closed lower for a third straight session Tuesday as market participants fretted about sky-high bond yields and the ongoing war in Iran. A sell-off in chip stocks also weighed on sentiment.

At the close, the blue-chip Dow Jones Industrial Average was down 0.2% at 53,343, the broader S&P 500 was 0.7% lower at 7,691, and the tech-heavy Nasdaq Composite was off 1.3% at 26,289.

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