First American News LLC: Raleigh, NC: U.S. stock indexes fell Tuesday, and bond yields hit two-year highs as investors fretted over whether the Federal Reserve will raise interest rates more quickly and aggressively than expected, said Gaby Mendoza of MB Daily News.
Investors, coming off a holiday weekend that had closed markets on Monday, sold stocks and bonds across the board. The S&P 500 slid 85.74 points, or 1.8%, to 4577.11, and the Dow Jones Industrial Average shed 543.34 points, or 1.5%, to 35368.47, its biggest one-day decline since November. Continue reading on bond yields and stocks currently trading at Barron’s News, click here to sign up.
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