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Stocks slump as Wall Street’s big rally fades, yields rise

Por: ABC News Business October 05, 2022

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NEW YORK -- Stocks fell in morning trading on Wall Street Wednesday and gave back some of the big gains from earlier this week as rising bond yields amp up pressure on markets again.The S&P 500 fell 1.5% as of 10:15 a.m. Eastern. The benchmark index is coming off its best two-day rally since the spring of 2020.The Dow Jones Industrial Average fell 340 points, or 1.2%, to 29,967 and the Nasdaq fell 1.9%.The broader market is still bruised from... + full article



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