US stocks: US market opens lower as bond yields and oil rebound; Fed minutes in focus

On Wednesday, Wall Street opened lower, with the Dow Jones Industrial Average declining by 325.06 points, reflecting a sense of caution among investors. The S&P 500 and Nasdaq Composite mirrored this negativity, influenced by the spike in Treasury yields. Investor sentiment remained cautious amid climbing Treasury yields and the upcoming release of the Federal Reserve's meeting minutes.