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The Piney Point

US stocks slip after bond yields jump on higher oil prices and a strong economic report

US stocks slip after bond yields jump on higher oil prices and a strong economic report
Photo: KPRC 2 / Click2Houston (NBC) · view original

U.S. stocks are falling on Wednesday after oil prices halted their weeklong run of easing and a surprisingly strong report on U.S. business activity raised worries about inflation. The S&P 500 fell 0.6% and was 1.1% below its record set last month. The Dow Jones Industrial Average was down 87 poi...

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