Stock Market Today: Wall Street Falls as the Bond Market Cranks up the Pressure

Stock Market Today: Wall Street Falls as the Bond Market Cranks up the Pressure
An umbrella held by a tour group leader passes the front of the New York Stock Exchange in New York on Aug. 16, 2023. J. David Ake/AP Photo
|Updated:
0:00

NEW YORK—Wall Street weakened Wednesday to worsen what’s already been a messy August.

The S&P 500 fell 33.53, or 0.8 percent, to 4,404.33, following up on its prior day’s tumble of 1.2 percent. The Dow Jones Industrial Average lost 180.65 points, or 0.5 percent, to 34,765.74, and the Nasdaq composite dropped 156.42, or 1.1 percent, to 13,474.63.