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Quantum Stocks Drop as Rising Fed Rate Hike Odds and Yields Batter Speculative Tech

Yahoo Finance Read original source (opens in a new tab)
The Story

News Summary

  • Quantum computing stocks slid as climbing Federal Reserve rate-hike expectations and rising 10-year Treasury yields weighed on speculative, long-duration growth assets.
  • Inflation worries resurfaced alongside surging WTI crude prices above $91, prompting a modest rotation out of high-beta tech, with the broader S&P 500 posting milder losses.
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US500 price history

7656.98 +14.20% over the displayed period

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