The Dow Jones industrial average lost 162 points, or 0.6 percent, to 24,739.
Core April retail sales - which excludes gasoline, automobiles, building materials and food services - rose at a brisker 0.4 percent monthly pace over March, as consumer spending is quickening its pace after a first-quarter slowdown. The move raised expectations for further interest rate hikes from the Federal Reserve.
The yield on the 10-year Treasury rose to 3.07 percent from 3 percent late Monday.
"The stock market was due for a digestion of the gains that we've seen over the last eight trading sessions", said Quincy Krosby, chief market strategist at Prudential Financial.
The rise in bond yields pulled down shares in real estate investment trusts and other high-dividend-paying stocks.
The Nasdaq is up 448.24 points, or 6.5 percent.
Apple fell 1 percent, Amazon fell 1.9 percent and Wells Fargo climbed 0.9 percent.
In Asia, Japan's benchmark Nikkei 225 edged down 0.2 percent. In China, the Shanghai Composite Index fell 0.43%. Hong Kong's Hang Seng dropped 1.2 percent.
The lawsuit argues that the law violates the Iowa Constitution by banning almost all abortions and putting women's health at risk. A lawsuit asking the court to block Iowa's newest abortion law has officially been filed. "This abortion ban is beyond extreme".
This was probably the game in which you can say United lost the title race as City were rampant through the Christmas period. We've been updating these rankings on a rolling basis since last August, but this is the final, crystalised cut.
After condemnation of most of the world‚ Donald Trump and his administration continued to open the embassy in Jerusalem . Israel captured east Jerusalem in the 1967 Mideast war and annexed it in a move not recognized by the global community.
It provides unsecured personal loans in the home credit market; branch unsecured consumer loans; and guaranteed loans. The stock was sold at an average price of GBX 721 ($9.78), for a total transaction of £636,145.51 ($862,921.20).
Savage gives her fans the opportunity to become the unapologetic "bad gal" that's interchangeable with her name. Rihanna should not be the only "queen of inclusion" in the beauty industry, as one Instagram comment stated.
A website cropped up (http://stalker2.com) and the official GSC Game World website states that the game is now in the works. A website recently popped up online displaying only an image that says S.T.A.L.K.E.R.2 and 22.214.171.124.
A couple things that hurt Schroder's trade value are his contract and his lack of progression over his first few seasons. Indiana ( Darren Collison ) and Milwaukee ( Eric Bledsoe ) already have above-average point guards on the roster.
Opioids are a family of drugs that include prescription painkillers such as OxyContin as well as illegal drugs like heroin. FILE - This Feb. 19, 2013, file photo shows OxyContin pills arranged for a photo at a pharmacy in Montpelier, Vt.
As soon as the microphone was in her hand, however, Anthony delivered a rendition of " Perfect " that floored the pop star. Pink asked. "Are you the singer?" "How do you follow that?" Congrats to Anthony for making her dream come true.
Harbor Freight Recalls More Than 1 Million Electric Chain Saws
Consumers should stop using the chainsaws and return them to their local Harbor Freight Tools for a free replacement chainsaw. All three brands have the same model numbers-67255 and 61592-which is printed on a label on the bottom of the chain saw.
Marchessault nets twice as Knights pull even
Faced with an early challenge from Jacob Trouba, tussling with the Jets defender to the extent both were sent off for roughing. Daryl Capstick was more willing to chat about the game and was keeping the faith about the Jets' fortunes.
1 killed, 3 injured in explosion in California
Authorities say one person is dead and two others have injuries after an explosion rocked a Southern California office building. I saw two women come out full of blood, hair singed, just glass stuck to the hair, glass stuck to their bodies".
Target cuts delivery fee by nearly half
Back in December, we reported that Target plans to bring same-day delivery to half of its store locations by the end of 2018. They have up until 7 PM Monday through Friday to place the order, then the box is delivered to their door the next day.
It's going to be a working birthday for Madhuri Dixit Nene!
The young Madhuri is both bashful and mischievous in this particular song and that's something she, and she alone, can achieve. She has been a superstar, then she joined her family and now she's back to what she's best at doing; being an actress.
Deadpool 2 Movie Review
Even with the ego, Reynolds is happy to be wrapping up promotion for the film so he can "get a couple weeks just to be a dad". As such, it is yet another reminder as to why the Disney-Fox deal is a bad idea for filmmakers and film lovers alike.