Dow Jones Falls as Bond Yields Signal Trouble for Bulls
The Dow Jones Industrial Average dropped 249.36 points, or 0.5%, to 49,436.76 Tuesday morning as rising Treasury yields and oil prices pressured stocks. The 10-year Treasury yield hit 4.663%, its highest since January 2025. Brent crude stayed above $110 amid Middle East tensions. Home Depot reported first-quarter sales of $41.8 billion, up 4.8% from last year, and reaffirmed its 2026 outlook.