Rising Treasury Yields Rattle Stocks After Buyback Relief Fades
The Dow fell 700 points as rising Treasury yields overwhelmed short-lived relief from planned debt buybacks, renewing pressure on US stock valuations.
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The Dow fell 700 points as rising Treasury yields overwhelmed short-lived relief from planned debt buybacks, renewing pressure on US stock valuations.
US stocks surged as Amazon and mega-cap technology led the Nasdaq up 3.15%, while falling Treasury yields supported a broad risk rally.
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