Dow falls for 3rd day, S&P down for 4th week as Treasury yields hammer stocks

U.S. stocks capped off their worst week in a month with more losses on Friday, marking the third straight daily loss for the Dow and the fourth for the S&P 500, as the recent rise in Treasury yields and concerns about potential escalation in the Middle East continued to weigh on global stocks.

For the Dow, it was the fourth weekly loss in five, while the S&P 500 fell for a fourth straight week, matching a four-week losing streak from September. The S&P 500 SPX, -1.26% fell 53.84 points, or 1.3%, to finish at 4,224.16 on Friday, according to preliminary closing data from FactSet, as the index closed below its 200-day moving average for the first time since March 17, Dow Jones data showed. The Dow DJIA, -0.86% fell 286.89 points, or 0.9%, to 33,127.

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