US Stocks Keep Falling After Worst Loss in 8 Months

The market's recent decline was set off by a sharp drop in bond prices and a corresponding increase in yields last week and early this week.

  • Published 11 October 2018
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NEW YORK (AP) — U.S. stocks are sinking again a day after their biggest drop since February. Some early relief over a tame report on inflation gave way to renewed selling. Banks and health care companies are taking some of the worst losses. Bond yields, which have spiked over the last week, slid after the Labor Department said consumer prices grew only slightly in September. That's a sign inflation remains under control and it suggests… Read at AP News