Business Standard

Wall Street stumbles over high bond yields, health stocks

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Reuters NEW YORK

NEW YORK (Reuters) - U.S. stocks fell for the second straight day on Tuesday as healthcare stocks and rising bond yields weighed on all three major U.S. indexes.

The Dow Jones Industrial Average fell 361.83 points, or 1.37 percent, to 26,077.65, the S&P 500 lost 31.06 points, or 1.09 percent, to 2,822.47 and the Nasdaq Composite dropped 64.02 points, or 0.86 percent, to 7,402.48.

(Reporting by Stephen Culp; Editing by Nick Zieminski)

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First Published: Jan 31 2018 | 2:41 AM IST

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