S&P 500 slides from record as inflation worries push yields higher

AP · 5 hours ago
  • The S&P 500 fell 0.6% and was on track for a fifth loss in the six days since setting its all-time high.
  • Stocks came under pressure from rising yields in the bond market, where worries grew after a report said U.S. consumers had to pay higher prices for fuel, food and other costs.
  • As of 10:30 a.m. Eastern, the Dow Jones Industrial Average was up 2 points, or less than 0.1%, while the Nasdaq composite was 0.9% lower.