Nasdaq Drops, Chip Stocks Crater As Bond Yields Bite: Stock Market Today
In brief
High‑growth tech and optical stocks fell sharply amid rising long‑term yields and oil, pushing the Nasdaq lower and shifting sentiment toward value and income names.
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High‑growth tech and optical stocks fell sharply amid rising long‑term yields and oil, pushing the Nasdaq lower and shifting sentiment toward value and income names.
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