Nasdaq slides as long-end yields pressure chip stocks
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.
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U.S. inflation data lifts stocks, chips lead record rally
The S&P 500 tops 7,800 for the first time after a flat July producer-price print and softer core PPI, while semiconductors and SanDisk’s 15% surge drive gains.
TPR down pm
TPR down pm