Wall St slips as Treasury yields rise

The Dow fell 195.74 points, or 0.56%, to 34,641.97, the S&P 500 lost 18.94 points, or 0.42%, at 4,496.83 and the Nasdaq dropped 10.86 points, or 0.08%, to 14,020.95. — Reuters

NEW YORK: Wall Street's three major averages closed lower on Tuesday with the Dow leading declines as Treasury yields rose along with oil prices and investors assessed prospects for the Federal Reserve's interest rate path.

While all three main US stock indexes had logged gains in the previous week on hopes for a less hawkish Fed, that sentiment had faded by Monday.