US stocks open lower as rising bond yields fuel inflation concerns

Wall Street indexes opened sharply lower on Friday after fears of rising inflation driven by the Middle East conflict pushed US Treasury yields higher, threatening to halt the AI-driven rally that has fueled markets in recent months.

The Dow Jones Industrial Average fell 133.2 points, or 0.27%, at the open to 49,930.26 points.

The S&P 500 also declined by 56.1 points, or 0.75%, to 7,445.11 at the start of trading.

Meanwhile, the Nasdaq Composite dropped 346.3 points, or 1.30%, to 26,288.923 as the opening bell rang.