Market Close: Stocks Lower, 30-Year Yield at 19-Year High, Mortgage Rates Up • 8/18/26

CNBC market close business news update. I'm Jessica Edinger. Bond yields rose, oil was higher.The US war with Iran continues. Stocks open Wednesday morning after a losing Tuesday for the major averages. The Dow was down 116 points, 2/10en of a percent.Caterpillar shares led it lower. They were down 4 and a half%. The S&P 500 index down 53 points.That was a half percent. And the Nasdaq was down 355 points. That was 1.3%.Third straight day of declines for the major average as chips got hit hard. The bond mark ...