Bond Yields Climb, Stocks Slide

US stocks fell on Tuesday as rising bond yields pulled investors away from shares. The Dow, S&P 500, and Nasdaq all closed lower. Bond yields rose after fresh economic data suggested the Federal Reserve may keep interest rates higher for longer. When bond yields go up, bonds pay more interest. That makes them more attractive than stocks, so money moves out of the stock market. The Dow Jones Industrial Average dropped the most among the three main indexes. The S&P 500 and Nasdaq also ended the day in the red. Technology stocks, which are sensitive to interest rate changes, were among the hardest hit. Higher rates make future profits worth less today, which hurts fast-growing companies the most. Investors now wait for more economic reports and comments from Fed officials later this week. These could give clues about the next move on interest rates.