Stocks Post Worst Day Since March Amid Bond Market Selloff The stock market's worst day since March has left investors reeling as a selloff in bond yields and economic uncertainty take center stage.
The Dow Jones Industrial Average plummeted by over 1,000 points, marking the steepest decline since early March when lockdowns and travel restrictions first began to hit global markets.
Understanding the Market Backlash The selloff can be attributed in part to a sharp drop off in bond yields, which indicates investors' growing concerns about inflation and economic growth.