Stock Market News: Tech stocks hurt by rising bond yields

US stocks finished in the red Tuesday as tech shares bore the brunt of rising bond yields amid easing turmoil within the banking sector.

The tech-concentrated Nasdaq Composite put in the worst performance among key indexes. The S&P 500 fell for the first time in four sessions, with theTech stocks were stung by a rise in the 2-year Treasury yield, pushing above 4% for the first time in nearly a week. Higher yields slice into the value of future profit for tech and other growth companies.

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Stock market news today: Regional banks rally on SVB dealUS stocks rise as Silicon Valley Bank deal pushes regional lenders higher
Sumber: BusinessInsider - 🏆 729. / 51 Baca lebih lajut »

Stock market news today: US stocks trade mixed as bank fears easeUS stocks trade mixed as bank fears ebb with sale of SVB assets to First Citizens
Sumber: BusinessInsider - 🏆 729. / 51 Baca lebih lajut »

STOCK MARKET NEWS: Alibaba split, Lyft’s new CEO, SVB hearings, Walgreen’s, Micron reportInvestors will monitor the first Silicon Valley Bank hearing, Jack Ma’s Alibaba is restructuring, Lyft gets new CEO and Walgreen’s, Micron report. FOX Business is providing real-time updates on the markets, commodities and all the most active stocks on the move.
Sumber: FoxBusiness - 🏆 458. / 53 Baca lebih lajut »

Stock market news today: S&P 500 may break 3-day win streakUS stocks slip as yields creep higher on easing concerns about banking system stress There is No Value in buying stocks
Sumber: BusinessInsider - 🏆 729. / 51 Baca lebih lajut »

U.S. stock futures stable while tech companies lag after flight to safetyAnother day without any negatively dramatic news from the financial sector allowed equity markets to mostly stand their ground.
Sumber: MarketWatch - 🏆 3. / 97 Baca lebih lajut »