
Dow drops more than 600 points as bond yields rise and earnings season gets into full swing
CNN
Wall Street is off to another day in the red at the start of the shortened trading week as investors are grappling with earnings seasons and rising Treasury bond yields.
All three major indexes opened lower and extended their losses throughout the morning. In the early afternoon, the Dow (INDU) was down 1.8%, or 650 points, while the broader S&P 500 (SPX) dropped nearly 2%. The Nasdaq Composite (COMP) was down 2.3%
The market was closed on Monday for Martin Luther King Jr. Day.

Proponents of Donald Trump's discredited lie about rampant fraud in 2020 are running for positions of authority over election administration in virtually every state expected to decide the 2024 presidential race, an explosive trend dramatically underscored by Tuesday's bitterly contested Georgia Republican primary.

The Justice Department will require its agents and law enforcement officers to intervene and render aid if they see another officer use excessive force against a detainee -- a policy change in tandem with a series of police reform measures that the Biden administration plans to announce in the coming days.