US STOCKS-Wall Street slides as jumping Treasury yields pummel growth stocks ...Middle East

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US STOCKS-Wall Street slides as jumping Treasury yields pummel growth stocks
source : Devdiscourse ( Middle East ) () 35
Wall Street slid on Monday as investors began the holiday-shortened week with a flight to safety, as rising bond yields weighed on market-leading growth stocks ahead of crucial inflation data. All three major U.S. stock indexes were red, with tech and tech-adjacent stocks pulling the Nasdaq down the most.

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