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Dow falls 560 points amid surging yields, Nasdaq sheds 3.5% in worst sell-off since October

Dow falls 560 points amid surging yields, Nasdaq sheds 3.5% in worst sell-off since October

Posted By: Editorial Teamon: February 25, 2021In: BUSINESS, NEWSNo Comments

U.S. stocks fell sharply Thursday as an outsized surge in bond yields spooked investors, who rushed to dump risk assets, especially high-flying technology names. The Dow Jones Industrial Average dropped 650 points from a record high. The S&P 500 lost 2.8%. The tech-heavy Nasdaq Composite slid 3.8% as Alphabet, Facebook, Apple and Microsoft all dipped […] Read more

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