Big Tech Gets Crushed, Bonds Gain in Run-Up to Fed: Markets Wrap

Big Tech Gets Crushed, Bonds Gain in Run-Up to Fed: Markets Wrap

(Bloomberg) — Wall Street traders gearing up for the Federal Reserve decision scrambled to digest a selloff in big tech, the Treasury refunding plans and weaker-than-forecast data. Fresh concerns about regional lenders added to economic concerns that sent bond yields plunging, though banks pared losses as the session progressed.

Most Read from Bloomberg

The most-influential group in the S&P 500 got hammered on Wednesday after some of its biggest names failed to live up to high expectations…


Source link

About search

Check Also

Kenny Smith hasn't heard from Charles Barkley about retiring from broadcasting: 'We'll see' – Yahoo Sports

European Stocks Drop With US Tech Rally Faltering: Markets Wrap – Yahoo Finance

[unable to retrieve full-text content]European Stocks Drop With US Tech Rally Faltering: Markets Wrap  Yahoo Finance …

Leave a Reply

Your email address will not be published. Required fields are marked *