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Stocks fell while 30-year Treasury yields hit a post-financial crisis high. Brent crude hovered around $105 a barrel as a hot inflation print and rising oil prices weighed on sentiment amid escalating U.S.-Iran hostilities.
The Nasdaq 100 fell 1.7% as 30-year Treasury yields held at 5.30% and rate-hike bets eased, while the optical and AI-hardware complex sold off sharply.