Global Markets Under Pressure as U.S. Stocks Continue to Fall

U.S. stocks fell for the fourth consecutive day as a rise in Treasury yields and oil prices put pressure on global markets. The S&P 500, Dow Jones Industrial Average, and Nasdaq Composite all opened lower. The increase in Treasury yields, which reached their highest level in 16 years, raised borrowing costs and could impact economic growth. Investors are closely watching the bond market, with long-term yields becoming a major concern. Federal Reserve officials' comments and the ongoing conflict between Israel and Hamas also influenced market sentiment.