The Dow Jones Industrial Average was on track to notch its steepest daily decline in about a month, as selling accelerate in afternoon trade Tuesday. The Dow DJIA, +0.22% was off about 600 points, near its nadir, if that level holds it would represent the sharpest drop for the benchmark since the 724-point fall back on March 22. Market participants were broadly attributing concerns about climbing yields, with the benchmark 10-year year Treasury yield touching 3%, as part of the impetus for the added selling pressure. More broadly, the S&P 500 index SPX, -0.15% was down 1.9% at 2,621, the Nasdaq Composite Index COMP, -0.36% declined by 2.3% at at 6,980.
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