US STOCKS-Wall St opens lower for second straight session

martes 12 de mayo de 2015 10:19 GYT

* AOL jumps on Verizon's offer to buy company for $4.4 bln

* 10-yr U.S. Treasury yields at more than 6-month high

* Indexes down: Dow 0.7 pct, S&P 0.6 pct, Nasdaq 0.9 pct (Updates to open)

By Tanya Agrawal

May 12 (Reuters) - U.S. stocks fell for the second straight session on Tuesday amid a global bond sell-off and concerns over Greece's perilous financial situation.

All the three major indexes hit their lowest in a week, with the Dow Jones and the Nasdaq down more than 1 percent in early trading.

Ten-year U.S. Treasury yields, the benchmark for global borrowing costs, touched their highest since mid-November. Elevated U.S. yields mean higher corporate borrowing costs, which can affect stock markets across the world.

"The bond sell-off is knocking the wind out of equities," said Peter Cardillo, chief market economist at Rockwell Global Capital in New York.

"With bond yields moving up, this could be the catalyst for the market to correct."   Continuación...