Stock market today: Indexes slip as yields edge up and traders worry over Trump tariff plans

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• US stocks declined as traders fretted over Trump's plan to levy steep tariffs.
• The president-elect is reportedly considering using emergency powers to enact tariff plans.
• Bond yields continued to rise, with the 10-year firmly above 4.7% for the first time since last spring.

US stocks dropped on Wednesday as traders eyed the reports that President-elect Trump could declare a national emergency in order to enact his tariff plan.

Bond...