S&P 500 Stalls as Rising Yields Drag Nasdaq Lower
US stock indices traded mixed and mostly flat, with the S&P 500 virtually unchanged while the Nasdaq led minor declines amid rising Treasury yields.
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US stock indices traded mixed and mostly flat, with the S&P 500 virtually unchanged while the Nasdaq led minor declines amid rising Treasury yields.
Microsoft plunged 10% amid AI spending concerns despite strong earnings; Meta jumped 10% on AI gains in advertising; Apple beat Q3 estimates with strong iPhone sales and revenue growth, prompting mod…