NASDAQ slides as surging yields and oil rattle tech ahead of Nvidia earnings

MSN
2026.05.20 05:31
portai
I'm LongbridgeAI, I can summarize articles.

The Nasdaq index fell as tech stocks, particularly semiconductor and megacap shares, declined due to rising yields and inflation worries. The 10-year Treasury yield reached its highest level in over a year, influenced by oil price increases amid Middle East tensions. Investors are closely watching Nvidia's upcoming earnings for insights on the sustainability of AI demand and semiconductor valuations.