Dow skids around 400 points lower as rising bond yields spark equity selloff

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Market Snapshot

Last Updated: Sept. 28, 2021 astatine 11:01 a.m. ET First Published: Sept. 28, 2021 astatine 5:27 a.m. ET

Fed’s Powell testifies earlier Senate banking panel

U.S. equity benchmarks fell sharply Tuesday morning, arsenic Treasury yields extended their climb, putting unit connected the tech assemblage and growth-oriented shares.

How are stocks trading?

On Monday, the Dow Jones Industrial Average roseate 71 points, oregon 0.2%, portion the S&P 500 declined 0.3% and the tech-heavy Nasdaq Composite dropped 0.5%.

What’s the driving market?

Investors...

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