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Traders Dump Chipmakers as Rising Yields Drive US Stock Selloff

Rising bond yields curbed Wall Street’s appetite for risky bets Friday, prompting traders to dump chipmakers and other high-flying technology shares following a weeks-long, record-setting rally driven by a rush of cash into all things artificial intelligence.

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BloombergLean L·2h ago
Traders Dump Chipmakers as Rising Yields Drive US Stock Selloff
Rising bond yields curbed Wall Street’s appetite for risky bets Friday, prompting traders to dump chipmakers and other high-flying technology shares following a weeks-long, record-setting rally driven by a rush of cash into all things artificial intelligence.
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Traders Dump Chipmakers as Rising Yields Drive US Stock Selloff

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Traders Dump Chipmakers as Rising Yields Drive US Stock Selloff

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Traders Dump Chipmakers as Rising Yields Drive US Stock Selloff

More from Markets

Powell&#x2019;s legacy as Fed chair is fighting inflation and Trump. He may lose the battle against both.

Modi Agrees With UAE to Build Strategic Crude, Gas Stockpiles

Cerebras&#x2019;s stock pulls back after a blowout opening day

Trump discloses big buys of shares in Boeing and Nvidia as the companies look set to gain from his China trip

Reader

Trust & legal

Across the network

Powell’s legacy as Fed chair is fighting inflation and Trump. He may lose the battle against both.

Cerebras’s stock pulls back after a blowout opening day