U.S. stocks close lower as Treasury yields climb

NEW YORK, May 29 (Xinhua) -- U.S. stocks ended lower on Wednesday as investors grew jittery about the interest-rate outlook.

The Dow Jones Industrial Average fell by 411.32 points, or 1.06 percent, to 38,441.54. The S&P 500 sank 39.09 points, or 0.74 percent, to 5,266.95. The Nasdaq Composite Index shed 99.30 points, or 0.58 percent, to 16,920.58.