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Wall Street retreats from its record as stocks fall worldwide

NEW YORK (AP) — U. S. stocks are pulling back from their record on Wednesday. The S&P 500 fell 0. 5% in early trading, a day after topping its prior all-time high set in August. The Dow Jones Industrial Average was down 460 points, or 0. 9%, as of 9:35 a. m. Eastern time, and the Nasdaq composite was 0. 7% lower. Stocks felt pressure as yields climbed in the bond market. The yield on the 10-year Treasury rose to 5. 35% from 5. 27% late Tuesday, near its highest level since 2002, and higher a...

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