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Stocks Drop as Rate-Hike Worries Rise: Stock Market Today

Published by Kiplinger · United States 19 h ago
red arrow stair-stepping higher with a red percentage sign underneath, signifying rising interest rates
red arrow stair-stepping higher with a red percentage sign underneath, signifying rising interest rates · Kiplinger

Detailed summary

Tech stocks suffered the brunt of the selling Tuesday as soaring Treasury yields and a smaller-than-expected Anthropic valuation weighed on the sector.

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