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Kiplinger
Kiplinger
Business
Karee Venema

Stock Market Today: Tech Stocks Lag as Treasury Yields Spike

José Torres Walmart Blue Shield of California US Federal Reserve US Steel
closeup of black stock chart screen with red moving average

Stocks struggled for direction Thursday as investors digested some good-news-is-bad-news economic data and the latest batch of earnings reports. 

The bulk of the day's price action was to the downside, though, with tech stocks seeing outsized losses as Treasury yields spiked to levels not seen since the Great Financial Crisis.  

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