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Stocks have been under pressure as oil prices swing sharply amid the U.S. war with Iran.
The 30-year U.S. Treasury yield advanced for a sixth consecutive trading session, touching 5.62% — its highest level since the dot-com bust of 20
TradingKey - U.S. stocks closed modestly lower as long-term Treasury yields climbed to their highest levels since 2002 and U.S. consumer confidence fell short of expectations. Some technology stocks rebounded, optical communications shares outperformed, and bank stocks lagged.