Wall Street closes lower as oil tops $95 and bond yields climb

Wall Street closed lower as oil prices surpassed $95 and bond yields climbed. This downward trend continued into U.S. stock futures, which fell as both oil prices and Treasury yields rose. The decline impacted major indices, including the Dow Jones, S&P, and Nasdaq. Market volatility was driven by the simultaneous increase in energy costs and government debt yields, leading to a general downturn across the primary financial benchmarks of the American stock market.