US Stocks Extend Pullback Amid Higher Yields and Crude Oil Prices

The major US stock indices have continued their decline on Thursday, extending the pullback seen in the previous session. The Nasdaq has pulled back from its record closing high set on Tuesday.

The tech-heavy Nasdaq is down by 0.8 percent at 26,726.41, while the Dow and S&P 500 have also moved lower, with declines of 0.7 percent and 0.5 percent, respectively.