The S&P 500 and Nasdaq fell on Tuesday as semiconductors sold off sharply, while rebounding oil prices and stronger-than-expected U.S. inflation pushed bond yields higher. The combination of higher rates and weaker tech sentiment pressured risk assets broadly, with the move likely to weigh on growth stocks and equity multiples.
The S&P 500 and Nasdaq fell on Tuesday as semiconductors sold off sharply, while rebounding oil prices and stronger-than-expected U.S. inflation pushed bond yields higher. The combination of higher rates and weaker tech sentiment pressured risk assets broadly, with the move likely to weigh on growth stocks and equity multiples.
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Request a DemoOverall Sentiment
moderately negative
Sentiment Score
-0.45
