Nasdaq falls more than 2% as rising bond yields drag mega-cap tech names lower

cryptocurrency 3 months ago
US stocks tumbled on Monday dragged by tech-heavyweights like Facebook and Amazon amid rising Treasury yields. The benchmark S&P 500 fell more than 1.5% - slipping below its 100-day moving average - while the tech-heavy Nasdaq 100 slid more than 2%. Here's where US indexes stood at the 4:00 p.m. ET …
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