U.S. stocks drop as bond yields climb, inflation worries linger

NEW YORK, April 14 (Xinhua) -- U.S. stocks fell on Thursday, pressured by a momentum in bond yields and lingering concerns over inflation.

The Dow Jones Industrial Average was down 113.36 points, or 0.33 percent, to 34,451.23. The S&P 500 was down 54.00 points, or 1.21 percent, to 4,392.59. The Nasdaq Composite Index decreased 292.51 points, or 2.14 percent, to 13,351.08.