U.S. stocks slip in mixed trading as rate pressure ratchets up

By Stan Choe and Damian J. Troise Associated Press

NEW YORK — U.S. stock indexes are edging lower in afternoon trading on Tuesday as another swell higher for Treasury yields adds pressure on big technology stocks.

The S&P 500 was down 0.5%, a day after slipping from its record high, even though nearly as many stocks in the index were rising as falling. The Dow Jones Industrial Average slipped 165 points from its all-time high set a day before, or 0.5%, to 33,006, as of 12:23 p.m. Eastern time. The Nasdaq composite fell 0.4%.

The spotlight was again on the bond market, where the yield on the 10-year

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