[Breaking] New York Stock Market Plummets on Sharp Rise in Treasury Yields... Nasdaq Down 1.87%
The three major indices of the U.S. New York Stock Exchange all closed lower on the 3rd (local time) due to the impact of rising government bond yields.
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On that day, the Dow Jones Industrial Average fell 1.29% compared to the previous session. The S&P 500, which focuses on large-cap stocks, dropped 1.37%, and the tech-heavy Nasdaq index declined 1.87%.
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