New Delhi, May 15 -- Wall Street stock indices fell sharply on Friday, as Treasury yields climbed on inflation anxieties triggered by the Middle East conflict.

At 12:08 p.m. ET, the Dow Jones Industrial Average fell 519.39 points, or 1.04%, to 49,544.07, the S&P 500 lost 79.60 points, or 1.06%, to 7,421.64 and the Nasdaq Composite lost 360.56 points, or 1.35%, to 26,274.66.

At the opening bell, the Dow Jones Industrial Average fell 133.2 points, or 0.27%, to 49930.26. The S&P 500 fell 56.1 points, or 0.75%, to 7445.11​, while the Nasdaq Composite dropped 346.3 points, or 1.30%, to 26288.923.

The yield on 10-year Treasury, a benchmark for global borrowing costs, rose to 4.58%, highest level since May 2025.

International debt yiel...