(CNBC) — U.S. stocks closed lower Tuesday, amid record lows in the benchmark 10-year Treasury yield, as global growth concerns weighed.
The Dow Jones industrial average closed about 108 points lower after earlier falling 164 points, with Goldman Sachs contributing the most to declines.
"It's really just currency and yields. By watching currencies, watching yields, you get a pretty good sense of what's on investors' minds and right now it looks like slowing economic growth," said Jack Ablin, chief investment officer at BMO Private Bank.
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