Stock market news live updates: Stocks extend losses, Nasdaq sinks as Treasury yields climb
By Emily McCormick (Tue, September 28, 2021) Stocks sank Tuesday, with technology stocks leading the way lower as investors nervously eyed a swift rise in U.S. Treasury yields. The Nasdaq, a proxy for technology and growth stocks, underperformed against the other two major stock indexes, dropping more than 2%. Both the S&P 500 and Dow …