Shares of industrial and transportation companies fell sharply amid concerns about credit costs.
Rising long-term Treasury yields will likely cause commercial loan costs to follow suit.
Shares of Deere surged after the maker of agricultural machinery posted fiscal third-quarter earnings ahead of Wall Street expectations.
Prices of grains and beef are up significantly for the year to date, but the impact on farmers' and ranchers' budgets has been offset by surging diesel and fertilizer costs.
Write to Rob Curran at rob.curran@dowjones.com
