Nasdaq tumbles 2% on weak data, surging bond yields - NewsBreak

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By Vikash in Business
Updated 3 years ago

Sept 28 (Reuters) - The Nasdaq tumbled 2% on Tuesday after weaker-than-expected consumer confidence data, while technology heavyweights took a hit from a surge in bond yields on expectations of higher interest rates and rising inflation. At 10:08 a.m. ET, the Dow Jones Industrial Average (.DJI) was down 342.46 points,...

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