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Nasdaq Tumbles After Two Days of Record Highs as Treasury Yields Jump

The Nasdaq Composite sank Wednesday after two days of closing records, and the S&P 500 and Dow Jones Industrial Average also ended sharply lower, as Treasury yields soared to a 19-year high following hotter-than-expected manufacturing data.


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The Nasdaq Composite sank Wednesday after two days of closing records, and the S&P 500 and Dow Jones Industrial Average also ended sharply lower, as Treasury yields soared to a 19-year high following hotter-than-expected manufacturing data.
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