S&P 500, Nasdaq end sharply lower as Alphabet disappoints, Treasury yields bounce
* New home sales beat consensus, mortgage rates hit 23-year high ...
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* New home sales beat consensus, mortgage rates hit 23-year high ...
U.S. stocks have been stricken with a case of the Mondays for the first time in four months.
Rising Treasury yields, looming rate hikes to fight inflation and heightening conflict in the Middle East drove investors away from risky assets last week.
Stock futures ticked higher on Sunday night, ahead of a big week of earnings reports and key economic data releases.
Rising Treasury yields, looming rate hikes to fight inflation and heightening conflict in the Middle East drove investors away from risky assets last week.