U.S. markets experienced a decline this week, primarily due to a massive sell-off of tech stocks and the rise in Treasury yields. The Nasdaq dropped by 2.75%, while other indices like the S&P 500 and Dow Jones also retreated. Internationally, markets showed mixed performances, with gains in the UK and Hong Kong, while Trinidad and Tobago saw its stocks rise despite a challenging global backdrop.
Stock Market: Tech Struggles Amid Rising Bond Yields
This article was updated at 21:50.