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S&P 500 Retreats as Rising Yields and Inflation Fears Cool Tech Rally

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The Story

News Summary

  • US stocks retreated on Friday as the S&P 500 slipped 0.2% due to rising Treasury yields and inflation concerns.
  • Major tech names like Alphabet, Amazon, and Broadcom declined, offsetting gains in memory chipmakers and ongoing optimism surrounding AI infrastructure spending.
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US500 price history

7656.98 +14.20% over the displayed period

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