Interest Rate Rise Unsettles Stock Investors; Dow Falls More Than 400 Points

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Trader Edward Curran (right) works on the floor of the New York Stock Exchange on Monday. As Treasury yields topped 3 percent on Tuesday, the Dow Jones industrial average tumbled.

For the first time in four years, the rate on the 10-year U.S. Treasury note crossed 3 percent. While it signals a stronger economy, it makes bonds more attractive investments, undermining stocks.

(Image credit: Richard Drew/AP)

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