US stocks tumble as Treasury yields rise, Middle East tensions simmer


FILE PHOTO: FILE PHOTO: The Wall Street sign is pictured at the New York Stock exchange (NYSE) in New York City, United States

NEW YORK: Wall Street ended sharply lower on Monday amid rising U.S. Treasury yields as simmering tensions in the Middle East helped curb investor risk appetite.

The three major U.S. stock indexes reversed initial gains to extend Friday's sell-off, while the yen fell to its lowest level in 34 years, reviving intervention fears.

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