Tech Selloff Deepens as Bond Yields Climb, Pressuring Wall Street
Wall Street is under pressure as a significant tech selloff is triggered by rising bond yields.
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Wall Street is under pressure as a significant tech selloff is triggered by rising bond yields.
Mixed market session: Dow gained 1%, S&P rose 0.2%, but Nasdaq fell 1% on semiconductor weakness. Apple hit $5T market cap, overtaking Nvidia. Oil prices dropped sharply. Big tech earnings and Fed de…
Dow rose 0.46% but Nasdaq fell 0.64% on tech weakness and AI spending fears. Gold gained, oil dropped 2.25%. Bull & Bear Indicator hit extreme bullish levels, a historical contrarian sell signal, rai…
Tech stocks dragged markets lower to close the week, echoing a summer pattern. Strong insurance earnings helped limit losses in the Dow Jones Industrial Average, cushioning broader market declines.
Nasdaq 100 declined 0.56% with mixed performance. Tech stocks like Intuit fell 19.7% while semiconductor names Arm and Lumentum surged over 8%. Declining issues outnumbered advancers 1.9-to-1.
US stock indexes fell with Nasdaq leading declines amid rising Treasury yields and Middle East tensions. The dollar strengthened while emerging markets faced headwinds from potential Fed rate hikes.
U.S. stock markets tumbled as Treasury yields surged to multi-year highs amid Middle East tensions and inflation concerns. The Dow fell 1.1%, with oil climbing 3.3% to $109.26/barrel.
S&P 500 fell 1.2% Friday amid Iran conflict concerns, inflation worries, and elevated interest rate expectations. Tech sector profit-taking pressured stocks, though Microsoft gained 4% on Pershing Sq…
Nasdaq 100 declined 1.32% with 58 declining stocks versus 43 gainers. Top performers included DXCM, WDAY, and INTU, while ARM, INTC, and MU led losses amid broad market weakness.
U.S. stock futures declined as chip stock rally faded and Middle East tensions persisted. Investors awaited key inflation data expected to show price pressures, with crude prices elevated amid Iran c…
April CPI data exceeded expectations with headline inflation at 3.8% and core CPI at 2.8%, sparking concerns about Fed rate trajectory and pressuring tech-heavy Nasdaq 100 futures lower.
Nasdaq fell 1.37% as hotter-than-expected April CPI and U.S.-Iran tensions prompted profit-taking near record highs. Semiconductor stocks led declines despite year-to-date gains, while Fed rate cut h…
Nasdaq declined 0.71% as hotter-than-expected inflation data and geopolitical tensions over Iran prompted profit-taking near record highs. Tech sector weakness led the selloff despite strong AI-drive…
Producer prices surged in April, the largest gain since early 2022, reinforcing expectations of prolonged Fed rate hikes. Markets showed mixed signals as inflation concerns offset tech stock recovery…
Tesla shares fell 1.7%, testing a key $415 support after recent volatility and sector pressure. Investors eye upcoming AI and robo-taxi initiatives as potential near-term catalysts amid cautious sent…
Tesla shares trade near key $415 support after recent declines, with investor uncertainty ahead of planned AI-powered robo-taxi expansion in 2026.
Bitcoin rallied above $97,000 after strong ETF inflows, but options markets signal caution amid geopolitical risks and risk-off sentiment, limiting sustained upside toward $105,000 in the near term.
Nvidia shares fell after the Trump administration imposed new security requirements on AI chip exports to China, impacting chip stocks amid broader market declines led by Nasdaq and bank sell-offs.
Alphabet shares (GOOGL) slipped about 1.01% in a brief intraday dip, with no additional context or catalyst provided.
Intraday tape: Nasdaq (IXIC) falls 0.95%; Kohl's (KSS) jumps 2.31%; ELF slides 0.91%; MC down 0.84% — brief snapshot of mixed stock moves.