Nasdaq Falls As Treasury Yields Rise; Nvidia, Micron, Sandisk All Tumble
Macro·1 article across 1 outlet
Story updated Rewritten when the story materially grows; the wire is checked every 15 minutesAbout this data
The Nasdaq tumbled on Tuesday as Treasury yields jumped, leading to declines in major tech stocks. Nvidia, Micron, and Sandisk were among the companies that saw significant drops in their stock prices.
This market movement reflects broader concerns regarding rising interest rates, which typically weigh on technology stocks. Investors are closely monitoring these trends as they navigate the current economic landscape.
NvidiaMicronSandisk
Sources
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SourceReports the news
“The Nasdaq tumbles Tuesday as Treasury yields jump.”
IBD — Stock Market Today: Nasdaq Falls As Treasury Yields Rise; Micron, Sandisk And Fabrinet All Slide (Live Coverage)“Stock Market Today: Nasdaq Sinks As Treasury Yields Jump; Nvidia, Micron, Sandisk All Tumble (Live Coverage)”
Yahoo Finance — Stock Market Today: Nasdaq Sinks As Treasury Yields Jump; Nvidia, Micron, Sandisk All Tumble (Live Coverage)“Stock market today: Nasdaq leads Dow and S&P 500 lower as rising Treasury yields weigh on tech stocks”
Yahoo Finance — Stock market today: Nasdaq leads Dow and S&P 500 lower as rising Treasury yields weigh on tech stocks