The stock market extended its decline on Tuesday, led by technology stocks as a flight into Treasurys drove bond yields lower. The 10-year Treasury yield fell below 5 percent, pressuring growth-sensitive equities. The Nasdaq Composite index led broader stock losses, reflecting investor concerns about sector valuations.
Market participants shifted toward safer assets amid ongoing economic uncertainty. The selloff underscores persistent volatility in equity markets as investors navigate shifting monetary policy expectations and inflation data.
Source: Wall Street Journal Markets · Summarized by HeadlinesBriefing