Stock Market Midday, Oct. 7: Rising Treasury Yields Pressure Stocks, Caterpillar tumbles over 6%

As of 11:36 a.m. ET, major U.S. indexes were lower: the S&P 500 fell 0.51% to 7,779, the Nasdaq Composite slipped 0.55% to 27,449, and the Dow Jones Industrial Average declined 0.98% to 51,018. The indices were pulling back from records, according to the article excerpt.