U.S. stocks fell Tuesday as Treasury yields climbed and investors awaited
earnings from Nvidia. The Nasdaq Composite dropped 0.8%, while the S&P 500 and
Dow Jones Industrial Average each fell about 0.6%. The 10-year Treasury yield
rose above 4.6% and the 30-year yield briefly touched 5.2% as oil prices
advanced amid blockades in the Strait of Hormuz. Markets also weighed President
Donald Trump’s comments that “serious negotiations” are underway on Iran’s
nuclear program and that there is a “very good chance” of a deal.