US stocks slip, rising Treasury yields in focus

The Dow fell 114.83 points, or 0.27%, to 42,677.24, the S&P 500 lost 23.14 points, or 0.39%, to 5,940.46 and the Nasdaq lost 72.75 points, or 0.38%, to 19,142.71.

NEW YORK: US stocks fell on Tuesday, with the benchmark S&P 500 ending six straight sessions of gains, under pressure from rising Treasury yields, with the US sovereign debt profile in focus.

President Donald Trump traveled to Capitol Hill, seeking to persuade Republican lawmakers to pass a sweeping tax-cut bill, which analysts estimate will possibly add US$3 trillion-US$5 trillion to the federal government's US$36.2 trillion in debt.