NEW YORK | Rising interest rates send stocks tumbling; tech plunges
NEW YORK | Rising interest rates send stocks tumbling; tech plunges
NEW YORK — Global stocks are falling Thursday as interest rates in the U.S. continue to rise. The S&P 500 index is on track for its biggest drop in more than three months as internet and technology companies fall, and the Nasdaq is on track for its worst loss in six months. The yield on the 10-year Treasury note is rising further after hitting a seven-year high a day ago.
Strong reports on job…
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