US stocks: US market sinks as bond yields rise, Walmart results disappoint
The S&P 500 consumer discretionary sector was one of the biggest drags on the benchmark index, with megacaps including Amazon and Tesla among its biggest index-point weights.
Big percentage decliners included Royal Caribbean Group and Carnival Corp, which are sensitive to fuel prices.
5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on economictimes.indiatimes.com — the content belongs to The Economic Times.
