Nasdaq falls 2.8% for worst day since May as tech stocks drop - NewsBreak
By Gomez in Business
Updated 3 years ago
Sept. 28 (UPI) -- The Nasdaq Composite recorded its worst day since May after tech stocks tanked Tuesday amid rising treasury yields. The tech-heavy Nasdaq fell 2.83% and the S&P 500 dropped 2.04% as both indexes fell for the second consecutive day to start the week. The Dow Jones Industrial Average erased modest gains from Monday, declining 569.38 points, or 1.63%.