IXIC: Nasdaq Slammed by 1.1% Drop as Yields Surge to Highest Level in 19 Years

Technology stocks retreated from record highs as strong US activity revived rate-hike fears. Oil, Trump-Xi summit and another test of the AI trade now set the agenda.📉 Record rally meets the bond market🌏 Trump and Xi take centre stage💵 Dollar firms as gold and Bitcoin retreat