The Dow closed lower by 817 points, or 1.91%. The broader S&P 500 slid 1.61% and the tech-heavy Nasdaq Composite fell 1.41%. The three major indexes each posted their worst day in one month.

The bond sell-off arrives at a moment of heightened volatility in Treasury markets. Long-term bond yields soared last month in the immediate aftermath of Trump's "Liberation Day"

Things are starting to look up for stocks again, with the S&P 500 recovering all of the ground it lost in March and April. Still, the painful ride investors were put through in the past quarter shouldn’t be soon forgotten.

The stock market’s selloff picked up steam on Wednesday, sending the Dow Jones Industrial Average to its steepest daily decline in a month.

UnitedHealth has gone from bad to worse, and its drop is impacting the Dow Jones Industrial Average even more than it is the S&P 500.

Futures on Wall Street are looking to advance after China cited progress in trade talks with the US, stating that both sides will continue communicating. The Dow futures are up 30 points, S&P 500 futures are at the flat line,

Treasury Secretary Scott Bessent appeared on Fox News early Friday, apparently to try to calm nervous investors. So far, it appears to be working. Bessent said during the interview that Brussels had been slow-walking trade talks.