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U.S. stock markets took another beating in early Thursday trade as a rise in bond yields and higher inflation continued to unnerve investors following a historic drop Monday. The 10-year U.S. Treasury yield crept back to a high of 2.884 percent, near Monday's four-year peak of 2.885 percent.The index hit its highest level since August 2015 Tuesday.At 10:52 a.m. ET (15:52 GMT), the Dow Jones Industrial Average was down 319.24 points, or 1.28 percent, at 24,574.11, and the S&P 500 was down 27.4 points, or 1.02 percent, at 2,654.26 .All 11 major S&P sectors were lower, with the industrials and financial indexes leading the decliners.
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