Tech selloff deepens as yields climb and Iran tensions linger

MSN
2026.05.19 23:05
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The Nasdaq experienced a significant drop, primarily due to losses in the semiconductor sector as investors took profits. The 10-year Treasury yield reached its highest level since February 2025, raising concerns about borrowing costs and stock valuations. Meanwhile, tensions with Iran continue as Trump postponed a military strike amid ongoing peace talks, contributing to geopolitical uncertainty.