The Economic Times

US stocks today: Nasdaq crashes over 1% as bond selloff, oil rise fuel inflation anxiety

Wall Street stocks fell as rising oil prices intensified inflation fears and pushed U.S. bond yields higher. The S&P 500 dropped 0.7%, while the Dow Jones fell 0.6% and the Nasdaq slid 1.4%. A sell-off in U.S. government bonds added to pressure on equities.