U.S. stocks registered losses on Tuesday as the bond market saw yields rebound, ending a short-lived period of calm.
The benchmark 10-year U.S. Treasury yield, a key indicator for borrowing costs across the economy, rose, contributing to the pressure on equities.
Walmart Inc. shares fell after the retail giant reported results that did not meet expectations. The company's performance is often viewed as a bellwether for consumer spending, and its disappointment added to market concerns.
The market’s decline suggests investor caution, particularly given the renewed upward movement in bond yields, which can make stocks less attractive by offering higher returns on safer assets.