Rising bond yields spooked the stock market as higher interest rates rival dividend-paying stocks. Blue chips had their worst day since the beginning of the month but market losses were even bigger throughout the day. Telecom companies like Verizon fell victim to a rotation out of high-paying dividend stocks but the selling seemed indiscriminate. Looking at the top losers in the Dow: Coca-Cola, Pfizer, Verizon, and Procter & Gamble - each from different sectors of the economy.moreless
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