Page 70 - Devik Jain News Today

Wall Street's main indexes tumbled on Thursday, with the Nasdaq index posting its largest daily percentage fall in four months, as technology-related stocks remained under pressure following a rise in U.S. bond yields.

Wall Street tumbles on tech selloff as bond yields climb By Devik Jain and Shreyashi Sanyal Reuters (Reuters) - Wall Streets main indexes dropped on Thursday, with the Nasdaq on track for its worst day in four months, as technology-related stocks remained under pressure following a rise in U.S. bond yields. The benchmark 10-year Treasury yields hit a one-year high of 1.53%, prompting investors to lock in profits on some high-flying growth stocks due to concerns over heightened valuations. [...

Wall Street slides on tech selloff as bond yields rise By Devik Jain and Shreyashi Sanyal Reuters (Reuters) - Wall Streets main indexes fell on Thursday, with the Nasdaq slipping about 2.5%, as technology-related stocks remained under pressure following a rise in U.S. bond yields. The benchmark 10-year Treasury yields hit a one-year high of 1.48%, prompting investors to lock in profits on some high-flying growth stocks due to concerns over heightened valuations. [US/] The Treasury note yiel...

Futures tracking the tech-heavy Nasdaq were muted on Wednesday after sliding for six straight sessions as investors swapped growth-oriented technology shares with stocks that stand to gain the most from an economic rebound.

The Nasdaq index fell in choppy trading on Wednesday as investors continued to sell technology-related stocks, while the S&P 500 and the Dow Jones ...

Shares on Wall Street ended higher on Wednesday, as a selloff in technology-related stocks eased and a rotation into cyclical shares continued after Federal Reserve Chair Jerome Powell's comments calmed inflation worries.

Shares on Wall Street ended higher on Wednesday, as a selloff in technology-related stocks eased and a rotation into cyclical shares continued after Federal Reserve Chair Jerome Powell's comments calmed inflation worries.

Wall Street regains footing after Powell calms inflation jitters By Devik Jain and Shreyashi Sanyal Reuters (Reuters) - Wall Streets main indexes gained ground on Wednesday as a selloff in technology-related stocks eased and a rotation into cyclical shares continued after Federal Reserve Chair Jerome Powells comments soothed inflation worries. Powell told lawmakers it may take more than three years to reach the central banks inflation goals, a further signal the Fed plans to look beyond an...

Wall Street’s main indexes opened lower on Tuesday as investors sold off high-flying growth stocks on valuation concerns ahead of Federal Reserve Chairman…

Wall Street reversed course late Tuesday, with the S&P 500 and the Dow whipsawing to positive territory by the closing bell in a tug-of-war between stocks that thrived amid lockdowns and those that stand to benefit most from a reopening economy.