NEW YORK (AP) — Wall Street is pulling further from its records on Tuesday, ground down by tightening pressure from the bond market.

The S&P 500 sank 0.9% after falling as much as 1.4% at the start of trading. The Dow Jones Industrial Average was down 305 points, or 0.7%, as of 10:10 a.m. Eastern time, and the Nasdaq composite was down 1.1%. All three are still relatively close to their recently set all-time highs .

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