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Bond yields crank higher and pull US stocks further from their record

AP News NEW YORK (AP) — Yields in the U.S. bond market cranked higher Monday and again touched their highest levels in roughly two decades, which knocked U.S. stocks further from their record high.

The S&P 500 fell 0.8% and gave back much of its gain from last week, which had brought it to the brink of its all-time high. The Dow Jones Industrial Average dropped 347 points, or 0.7%, and the Nasdaq composite sank 0.9%.

Stocks felt pressure as the yield on the 10-year Treasury briefly topped 5.27% before pulling back to 5.23%, up from 5.17% late Friday. It’s back to where it...
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NASA ramps up support to get Boeing's astronaut capsule flying after Butch and Suni fiasco

AP News CAPE CANAVERAL, Fla. (AP) — NASA is throwing extra support and money behind Boeing’s troubled astronaut capsule to get it fixed and flying again as soon as possible.

Boeing’s Starliner capsule had so many problems in 2024 that its two test pilots were stuck at the International Space Station for nearly a year. NASA later reclassified the botched mission as a crew-endangering “Type A mishap,” its most severe ranking.

NASA Administrator Jared Isaacman announced Monday that Boeing should be ready to launch a new and improved Starliner to the space station —...
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SpaceX's supersized Starship launches into orbit for the first time but flight ends early

AP News SpaceX launched its enormous Starship into orbit for the first time Monday and successfully delivered the most advanced Starlink satellites yet, but cut the flight short to ensure safety.

The spacecraft reentered over the Pacific and splashed down north of Hawaii three hours after blasting off from Texas. The company had been aiming for a 10-hour flight, spanning six full laps around Earth, to prove its readiness for NASA’s Artemis moon program.

Starship tipped over and erupted in flames upon splashdown, a dramatic end to the mission.

Founder Elon Musk's...
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Former 'American Idol' singer Caleb Flynn is on trial in wife's killing. He says a burglar did it

AP News A former Ohio music pastor who once appeared on “American Idol” is on trial on charges that he killed his wife while having an affair more than a decade after gushing to TV viewers about how she encouraged him to chase his dreams on the singing competition.

Caleb Flynn, 40, has pleaded not guilty to murder, assault and tampering with evidence charges in the February shooting of Ashley Flynn, 37, a schoolteacher and volleyball coach, at their Tipp City home, north of Dayton. Flynn and their two daughters were home when police arrived.

Flynn’s trial, which heads to...
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NFL asks Homeland Security to take down video of Hall of Famer Brian Dawkins

AP News NEW YORK (AP) — The NFL has asked the Department of Homeland Security to take down a video on social media showing highlights of Hall of Fame safety Brian Dawkins in reference to a purported caravan of immigrants approaching the U.S. border.

The video posted on Sunday shows Dawkins' pregame walkout as he chants “The time has come,” followed by a series of big hits. The DHS post includes the caption “Our time has come.”

“The league has requested the DHS take down the video,” NFL spokesman Brian McCarthy said Monday.

Dawkins was a nine-time Pro...
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Top Stories

  • SpaceX's supersized Starship launches into orbit for the first time but flight ends early
  • Former 'American Idol' singer Caleb Flynn is on trial in wife's killing. He says a burglar did it
  • Contradicting Trump, Pope Leo says artificial intelligence safety concerns not 'fake news'
  • Trump disputes his ambassador's account that he asked China's president if he wanted to buy US arms
  • Mediators are working to broker a US-Iran deal, but major hurdles remain
  • Trump announcing a new Iowa steel plant that the White House says will be the nation's biggest
  • Giants acquire quarterback J.J. McCarthy from the Vikings for a 2027 fifth-round pick
  • Tropical Storm Hanna forms in the Atlantic Ocean and isn't threatening land
  • US and China release $60 billion nonsensitive product lists for tariff cuts after Trump-Xi meeting
  • 5 men arrested near a US-run air base are bailed as UK police probe whether there's a link to Iran

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Entertainment

  • Turkish comedian gets jail term for calling Erdogan 'dictator' but released ahead of appeal
  • Taylor Swift becomes most-awarded artist in MTV VMAs history, dedicates top prize to Dolly Parton
  • Calypso icon Slinger Francisco, dubbed 'The Mighty Sparrow,' dies at 91, his family says
  • Trump administration begins airing 2024 Trump campaign ad in latest taxpayer-funded messaging

Sports

  • NFL asks Homeland Security to take down video of Hall of Famer Brian Dawkins
  • Aaron Judge hopes to persuade Yankees to put him in lineup against Red Sox in Wild Card Series
  • LeBron James on 76ers' debut: 'You guys know who I am, right?' Sixers excited to add NBA great
  • Texas coach Sarkisian says Longhorns need to cut out unacceptable celebrations after big plays
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