Nasdaq Slides Nearly 2% As Higher Treasury Yields, Soaring Oil Prices Pressure Tech And Chip Stocks — META, AMZN, SPCX, MSFT In Focus
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The S&P 500 ended 0.5% lower, while the Nasdaq 100 lost 1.8% and the Dow Jones Industrial Average fell 0.3%.
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The Philadelphia Semiconductor Index (SOX) fell nearly 5%.
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Iran attacked a Qatari liquefied natural gas tanker, sending oil prices higher.