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Tech Stocks Slide as 30-Year Yields Spike and Oil Surges

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

News Summary

  • Surging global bond yields and negative cash flows are pressuring debt-heavy tech companies.
  • As 30-year Treasury yields near 20-year highs and oil prices climb amid geopolitical tensions, broad market indices like the S&P 500 and Nasdaq Composite are experiencing declines.
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