FinanceBloomberg Techabout 3 hours ago
Midterm Sweep Drives Tech Selloff
1 min read
A Democratic sweep in the US midterms caused a selloff in large US technology company shares, driving treasuries to surge. US government bond yields fell by as much as 12 basis points to lowest levels since early September, while the Nasdaq 100 index dropped 6.09% and the Philadelphia Semiconductor Index fell 11.11%.
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