Wall Street in retreat, Dow Jones drops 291 points
NEW YORK, New York - U.S. stocks tumbled again Thursday as bond yields rose to their highest level in 10 months, and health shares sold off sharply.
"We've felt after the strong rally in the first half, and even continuing into July, that some caution was warranted," Commonwealth Financial Network portfolio manager Chris Fasciano told CNBC Thursday. "So certainly what's happening now isn't unexpected, and a bit o