Stocks Ended Mixed as Bond Yields Remained in Focus

U.S stocks ended mixed on Tuesday, with gains in technology stocks helping buoy the Nasdaq, as investors continued to fret over the implication of higher bond yields on equities. The Dow Jones Industrial Average fell 56.21 points, or 0.21%, to 26,430.57. The S&P 500 slid 4.09 points, or 0.14%, to 2,880.34. The Nasdaq Composite edged up 2.07 points, or 0.03%, to 7,738.02.

Oil futures settle higher Tuesday, finding support from signs that Iran crude exports are falling ahead of reimposed sanctions. West Texas Intermediate crude for November delivery rose 67 cents, or 0.9%, to settle at $74.96 a barrel. Brent crude for December delivery gained $1.09, or 1.3%, to $85 a barrel.


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