With another spike in treasury yields weighing on technology stocks, the tech-heavy Nasdaq has moved sharply lower in morning trading on Thursday. The S&P 500 has also moved to the downside, while the narrower Dow has edged higher.
The Nasdaq is currently off its worst levels but still down 196.74 points or 1.5 percent at 13,328.46. The S&P 500 is also down 20.36 points or 0.5 percent at 3,953.76 after ending the previous session at a record closing high.
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