Rising long-term interest rates sparked by a fear of inflation sent technology stocks tumbling Thursday.
The ARK Innovation ETF ARKK, -6.37%, the high-flying tech-oriented exchange traded fund with Tesla Inc. TSLA, -8.06% as its largest holding, skidded 6.4%.
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European tech stocks and Nasdaq 100 futures climb on bond yield easing as ECB meeting awaitsEuropean stocks traded higher Thursday ahead of a European Central Bank meeting, as investors celebrated an easing in bond yields. Music to my ears!
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