US Bond Yields Fall as Tech Drags Down Stocks
U.S. bond yields declined and technology shares pressured Wall Street as investors digested new tariff threats against Canada and Treasury debt plans. Markets also weighed upcoming comments from Fed Chair Kevin Warsh ahead of Jackson Hole.
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U.S. bond yields fell and tech shares weighed on Wall Street indices on Monday as investors weighed new sanctions on Iran and threatened tariffs on Canada from the United States`. The S&P 500 fell 0.3% while the Nasdaq dropped 0.8% amid broad policy shifts. The market friction highlights mounting tensions between fiscal intervention and monetary goals.
