Stocks fall as US bond yields rise, oil eases after latest Iran war headlines
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U.S. stocks fell as 30-year Treasury yields rose to their highest since 2007, driven by inflation fears and geopolitical tensions with Iran. Oil prices also eased amid ongoing talks to end hostilities. The Dow Jones dropped 0.65%, while the S&P 500 and Nasdaq fell 0.67% and 0.84%, respectively. The U.S. dollar strengthened due to rising yields, and gold prices declined. Investors are closely monitoring upcoming earnings reports from major companies, including Nvidia and Walmart.
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