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S&P 500, Nasdaq Tumble on Chip Selloff, Rising Yields Signal Inflation Persistence

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

News Summary

  • US stock indices opened lower Tuesday amid chip sector weakness and rising Treasury yields.
  • S&P 500 fell 0.37%, Nasdaq dropped 0.64%, while Dow Jones remained flat, reflecting inflation concerns.
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