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Nasdaq tumbles 3% as soaring yields hit tech shares, S&P 500 closes 1.5% lower

Sella A. Elizabeth 3 years ago

Engineering shares led the U.S. inventory industry lower on Thursday as a spike in bond yields fueled worry about fairness valuations and prompted investors to market development-focused high flyers. The Nasdaq Composite dropped 3% to 13,116.17 for its worst day considering that Feb. 25 as Apple, Amazon and Netflix all […]

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