US STOCKS-Indexes slip as rising yields spur rate worry

Newswire

(Adds quote, updates prices) By Ellis Mnyandu NEW YORK, June 20 (Reuters) - U.S. stocks slipped on Wednesday as a rise in benchmark Treasury bond yields rekindled concern that higher interest rates would cut into corporate profits. Worries about higher interest rates overshadowed news of Home Depot Inc.'s plan for a $22.5 billion share buyback and a report of a stronger-than-expected profit at Morgan Stanley . A pullback in crude oil prices also weighed on the market as investors ...

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