NASDAQ 100 plunges 500 points led by selloff in tech stocks; Meta dips 6% on $25 billion fine from Mexico
The sharp bounce back in crude oil prices continued to elevate fears of sticky inflation, further amplifying worries of higher interest rates for longer. Meanwhile, Treasury yields remained under pressure as investors increased their bets on safe-haven assets, easing some worries.
The sharp bounce back in crude oil prices continued to elevate fears of sticky inflation, further amplifying worries of higher interest rates for longer. Meanwhile, Treasury yields remained under pressure as investors increased their bets on safe-haven assets, easing some worries.
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