US stocks drop as rate worries push bond yields higher

The Dow Jones Industrial Average fell 136.6 points, or 0.35%, at the open to 38716.28.

Wall Street opened lower on Wednesday, with investors turning risk-averse as concerns around the timing and scale of the 's pushed higher and pressured .

The fell 136.6 points, or 0.35%, at the open to 38716.28. The S&P 500 dropped 27.3 points, or 0.51%, at the open to 5278.73, while the declined 140.5 points, or 0.83%, to 16879.349 at the opening bell.

More to come....

Source: Stocks-Markets-Economic Times

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