Stocks pull back from record as global bond yields climb on inflation and debt

U.S. stocks slipped from their record on October 7 as yields rose around the world, with investors weighing inflation and heavy government borrowing. The S&P 500 fell 0.2% to 7,801.77 and the Dow lost 0.7%, while the Russell 2000 dropped 1.3%. Europe was also weak, with France's index down 1.2% amid budget concerns.

• S&P 500 down 17.16 points (-0.2%) to 7,801.77
• Dow Jones down 341.41 points (-0.7%) to 51,179.87
• Nasdaq Composite down 61.20 points (-0.2%) to 27,538.69
• Russell 2000 down 37.09 points (-1.3%) to 2,793.20