US stocks fall as Dow heads for worst week since March amid China fears, rising bond yields

• US stocks tumbled Friday, with the Dow on track for its worst week since March.
• The S&P 500 and Nasdaq Composite are each headed for their third straight losing week.
• The 10-year Treasury yield soared Thursday to its highest mark since 2008.

US stocks fell Friday, with each of the three major indexes heading for losing weeks as bond markets and China’s economy fuel a sell-off.

The Dow Jones Industrial Average is on track for its worst week since March, and both the S&P 500 and Nasdaq Composite are on pace to notch their third consecutive weekly declines, which hasn’t happened since February and December, respectively.

Meanwhile, bond yields soared on Thursday. Following the release of July’s Fed meeting minutes, the 10-year Treasury climbed to its highest level since 2008.

Source: Business Insider