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Stock Market Stumbles: Tech Giants Lead the Decline

Stock Market Stumbles: Tech Giants Lead the Decline

U.S. stocks fell as Treasury yields rose, leading S&P 500 and Nasdaq to more than two-week lows. Broadcom's results fueled AI bubble worries. Policymakers expressed inflation concerns, impacting market sentiment. The decline was led by tech stocks, with major indexes experiencing substantial losses.

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