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Market Snapshot: S&P 500, Nasdaq fall as rising bond yields, tough talk from Fed officials weigh on stocks

Stocks are lower Wednesday afternoon on weak economic data, rising bond yields and tough talk from Federal Reserve officials on the need for higher interest rates. Read More...

U.S. stocks were lower Wednesday to start March, after the release of weak economic data, rising bond yields and remarks by several Federal Reserve officials reiterating the need for higher interest rates.

How are stock indexes trading

On Tuesday, stocks closed lower, adding to the Dow’s 4.2% decline in February and roughly 1.3% decline for 2023.

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