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US stocks were coming under renewed pressure on Tuesday morning as bond yields continued to move higher even as investors waited on Friday's all-important non-farm payrolls report.
Wall Street faced a challenging Tuesday, with major stock indices taking a hit due to rising concerns about hawkish statements from Federal Reserve officials and worries over escalating interest rates.
Wall Street showed signs of recovery on Monday after four consecutive losing sessions, with all three major stock indices clinching some gains.
Wall Street’s equity markets experienced a downturn on Tuesday as jittery traders, closely watching the Federal Reserve's two-day policy meeting, caused stocks to retreat by the end of the trading session.
US stocks recorded modest gains on Monday, with major indices slightly increasing.