Stocks Ended Sharply Lower on Bond Yields, Healthcare

U.S. stocks ended sharply lower on Tuesday as healthcare stocks and rising bond yields weighed on all three major U.S. indexes. The Dow Jones Industrial Average fell 362.59 points, or 1.37%, to 26,076.89. The S&P 500 lost 31.10 points, or 1.09%, to 2,822.43. The Nasdaq Composite dropped 64.02 points, or 0.86%, to 7,402.48.

U.S. crude-oil prices closed sharply lower Tuesday, on renewed concerns about mounting U.S. crude production. March West Texas Intermediate crude fell $1.06, or 1.5%, to $64.50 a barrel. March Brent crude lost 44 cents, or 0.6%, to end at $69.02 a barrel.