Markets Right Now: Stocks slide on Wall Street - KWWL - Eastern Iowa Breaking News, Weather, Closings

Markets Right Now: Stocks slide on Wall Street

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NEW YORK (AP) -- The latest on developments in financial markets:
   11:45 a.m.
   
Stocks are falling in midday trading on Wall Street, led by declines in technology companies and banks.
   
Retailers were also falling Thursday. Macy's slumped 9.7 percent after reporting its 10th straight decline in a key sales measure.
   
Simmering tensions between the U.S. and North Korea continued to weigh on investors. The Vix, a measure of how much volatility investors expect in stocks, jumped to its highest level since May.
   
The Standard & Poor's 500 index fell 24 points, or 0.9 percent, to 2,450.
   
The Dow Jones industrial average lost 123 points, or 0.6 percent, to 21,923. The Nasdaq composite lost 96 points, or 1.5 percent, to 6,256.
   
Bond prices rose. The yield on the 10-year Treasury note fell to 2.23 percent.
 

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