Wall St extends losses

United States stocks close lower, Treasury yields jump as markets struggle to overcome recent losses amid Fed scrutiny.

United States stocks closed broadly lower, extending last week's losses, as Treasury yields continued their grind higher on speculation of a Federal Reserve retreat from easy-money policies.

The Dow Jones Industrial Average lost 70.73 points, or 0.5%, to 15010.74 points.

The S&P 500-stock index slipped 9.77 points, or 0.6%, to 1646.06 points.

The Nasdaq Composite Index shed 13.69 points, or 0.4%, to 3589.09 points.


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