U.S. stocks tumble amid rising Treasury yields


NEW YORK, Oct. 23 (Xinhua) -- U.S. stocks fell sharply on Wednesday, driven by rising U.S. Treasury yields and ongoing concerns about market sentiment.

The Dow Jones Industrial Average fell by 409.94 points, or 0.96 percent, to 42,514.95. The S&P 500 sank 53.78 points, or 0.92 percent, to 5,797.42. The Nasdaq Composite Index shed 296.48 points, or 1.60 percent, to 18,276.65.

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