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Amazon shares hit as investors dump big tech amid rising treasury yields

Asian shares tracked a broad sell-off on Wall Street to weaken for a third straight session on Tuesday, as investors feared oil prices hitting multi-year highs would add to inflationary pressures caused by supply chain disruptions.

News Analysis China is looking to put a dent in the global commodities boom of 2021. The price ...

GLOBAL MARKETS-Shares falls as Nasdaq tumbles, dollar edges higher Reuters 5/4/2021 (Adds close of European markets) Popular Searches * Commodities consolidate gains * Graphic: World FX rates http://tmsnrt.rs/2egbfVh By Herbert Lash and Marc Jones NEW YORK/LONDON, May 4 (Reuters) - World share indexes slid and U.S. Treasury yields fell on Tuesday as low trading volume, a lull in economic news and lack of a catalyst to lift stocks higher sparked a sell-off by investors worried further upside in markets is limited. The tech-rich Nasdaq fell 2.7%, marking its biggest single-day decline in six ...

Share this European markets had a rather uneventful start to the week, after last week’s declines, edging slightly higher on what looks set to be a busy few days on the earnings front, which started with Tesla’s numbers after the bell last night. US markets picked up from a solid end to the week on Friday with another positive session yesterday, though the Dow lagged behind a much stronger performance from the likes of the Nasdaq, which hit a record close, and the Russell 2000, which both posted strong gains. We saw strong performance from the likes of the travel and leisure sector yester...