US Stock Market LIVE Updates: Dow Jones tumbles more than 800 points as Treasury yields continue to push higher

US Stock Market LIVE Updates: Most US stocks are falling on Wednesday (May 21) after some of the country’s biggest retailers gave mixed forecasts for where they see their profits heading under the uncertainty caused by President Donald Trump’s trade war. The S&P 500 was down 0.2% in midday trading and on track for a second straight drop after breaking a six-day winning streak. The Dow Jones Industrial Average was down 314 points, or 0.7%, as of 11:45 a.m. Eastern time, while gains for Google’s parent company and a handful of other influential tech stocks sent the Nasdaq composite 0.4% higher.

US Stock Market LIVE Updates: Most US stocks are falling on Wednesday (May 21) after some of the country’s biggest retailers gave mixed forecasts for where they see their profits heading under the uncertainty caused by President Donald Trump’s trade war. The S&P 500 was down 0.2% in midday trading and on track for a second straight drop after breaking a six-day winning streak. The Dow Jones Industrial Average was down 314 points, or 0.7%, as of 11:45 a.m. Eastern time, while gains for Google’s parent company and a handful of other influential tech stocks sent the Nasdaq composite 0.4% higher. Stocks were also feeling pressure from higher Treasury yields in the bond market. Such rises in yields can push down prices of all kinds of investments, and yields have been climbing in part because of concerns that tax cuts under consideration in Washington could pile trillions of more dollars onto the U.S. government’s debt.