U.S. stock markets continued their downward trend as rising Treasury yields put pressure on major indices. The S&P 500 fell for the third consecutive day, while the Dow Jones and Nasdaq also experienced losses, particularly impacted by weakness in the tech sector. This decline came ahead of a series of anticipated earnings reports from significant companies like Tesla, Boeing, and Coca-Cola. General Motors stood out with a remarkable increase in its stock following a strong earnings report, marking its best trading day in four years. Market sentiment remains cautious as investors grapple with shifting Federal Reserve views and ongoing election uncertainties.