Rising Treasury Yields Pressure Stocks

Nasdaq falls 1.5% as yields rise Wall Street retreated on Friday as investors reacted to rising U.S. Treasury yields. The technology-heavy Nasdaq Composite led declines, falling 1.5%. The benchmark S&P 500 also declined, amid renewed pressure on technology stocks

Nasdaq falls 1.5% as yields rise

Wall Street retreated on Friday as investors reacted to rising U.S. Treasury yields.

The technology-heavy Nasdaq Composite led declines, falling 1.5%.

The benchmark S&P 500 also declined, amid renewed pressure on technology stocks following the conclusion of the latest U.S.-China summit.

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