Breaking News: The S&P 500 fell 2 percent, its worst drop since May, as rising government bond yields triggered a retreat in technology stocks. - HOT AIR BALLOON FLIGHT

Facebook Twitter RSS Google

Home » Unlabelled » Breaking News: The S&P 500 fell 2 percent, its worst drop since May, as rising government bond yields triggered a retreat in technology stocks.

Breaking News: The S&P 500 fell 2 percent, its worst drop since May, as rising government bond yields triggered a retreat in technology stocks.

BREAKING NEWS

The S&P 500 fell 2 percent, its worst drop since May, as rising government bond yields triggered a retreat in technology stocks.

Tuesday, September 28, 2021 4:08 PM EST

The trigger for today's tumble, which cut across sectors, was a rise in the yield on the benchmark 10-year Treasury note. With the Federal Reserve preparing to slow its purchases as soon as November, investors have been selling off bonds before demand ebbs.

Read the latest

You received this email because you signed up for NYTimes.com's Breaking News Alerts. To stop receiving these emails, unsubscribe or manage your email preferences.

Subscribe to the Times Get the NYT app

Change Your Email Privacy Policy Contact Advertise California Notice

The New York Times Company, 620 Eighth Avenue, New York, NY 10018