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Options trader Anthony Spina works on the floor of the New York Stock Exchange, Thursday, Aug. 27, 2026, in New York.

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Stocks slip on Wall Street under pressure from higher oil prices and rising bond yields

Stocks slip on Wall Street under pressure from higher oil prices and rising bond yields

Stocks fell on Wall Street as another round of U.S. military strikes on Iran sent oil prices higher, stoking worries about stubbornly high inflation. Bond yields moved higher, putting even more pressure on stocks. The S&P 500 fell 0.7% Tuesday. The Dow Jones Industrial Average dropped 419 points, or 0.8%. The Nasdaq composite fell 1%. Big Tech stocks like Nvidia and Amazon were the heaviest weights dragging the market lower. Brent crude rose 4.6% and U.S. oil closed above $90 for the first time in more than a month. The yield on the 10-year Treasury rose to 4.79%.