Wall Street Stocks Slide Amid Rising Treasury Yields

Stocks on Wall Street fell on Tuesday due to rising Treasury yields, which put pressure on the market.

The S&P 500 dropped 0.3 percent after a quiet morning as tech giants like Nvidia and Broadcom struggled to maintain their gains.

Rising oil prices have been fueling higher Treasury yields, with Brent crude oil prices falling 1 percent to $96.84 a barrel.

Higher yields threaten economic growth by making borrowing more expensive for individuals and businesses, while also hurting stock prices, especially those seen as expensive like tech companies.