US STOCKS-Tech-heavy Nasdaq slides as yields rise, chip stocks fall ...Middle East

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US STOCKS-Tech-heavy Nasdaq slides as yields rise, chip stocks fall
The tech-laden Nasdaq fell on Wednesday as rising U.S. Treasury yields hit market-moving growth stocks, while investors awaited more data this week for clues on the timing of the Federal Reserve's interest-rate cuts. Ten of the 11 major S&P 500 sectors advanced, but the heavyweight technology sector was down 1.4%.

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