Rising Yields Trigger Stock Market Slide

Wall Street saw a decline in stocks, particularly in the tech sector, while Treasury yields fell after economic data indicated a slowdown in growth and spending. This has led to speculation that the Federal Reserve might cut interest rates, although concerns about weaker consumption persist. The S&P 500 dropped 0.6%, with notable losses in companies like Nvidia and Dell. Meanwhile, Treasury yields and the dollar fell, and traders faced a brief disruption in live pricing for major indices.