US STOCKS-Indexes turn lower on rate worries

Newswire

(Updates with indexes turning lower) 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. The Dow Jones industrial average was down 11.22 points, or 0.08 percent, at 13,624.20. The Standard & Poor's 500 Index was down 2.32 points, or 0.15 percent, at 1,531.38. The Nasdaq Composite Index was down 3.28 points, or 0.12 percent, at 2,623.48.

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