US Stocks Slip 0.3%; IBM Jumps 8%

S&P 500 fell 0.3% to 7,407.47, Nasdaq down 0.5% to 26,139.54, Dow slipped 0.1% to 49,953.5 as yields and oil rose.
Treasury yields rose, with the 10-year at 4.615% and 30-year at 5.133%, fueling bond sell‑off despite solid economic data.
Nvidia posted FY Q1 revenue up 85% YoY to $81.6 bn, net income $45.6 bn, announced $80 bn buyback, shares fell 2%.
IBM jumped 8.4% after a $1 bn quantum grant, lifting Dow; Walmart fell 7.1% despite revenue beat, Intuit down 20% after forecast cut.