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U.S. Stocks Come Under Pressure Amid Surging Treasury Yields

After showing a lack of direction early in the session, stocks have moved notably lower over the course of the trading day on Wednesday. The major averages have slid more firmly into negative territory, giving back ground after moving sharply higher over the two previous sessions.

The major averages have climbed off their lows of the session in recent trading but continue to post steep losses. The Dow is down 241.97 points or 0.8 percent at 30,281.83, the Nasdaq is down 151.09 points or 1.4 percent at 10,621.31 and the S&P 500 is down 45.44 points or 1.2 percent at 3,674.54.

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by RTTNews Staff Writer

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