Dip on Wall Street after bad day for technology and banks

Rising bond yields and a string of weak company reports and forecasts pushed US stocks lower on Wednesday as major indexes retreated from their recent record highs.

Dip on Wall Street after bad day for technology and banks

Rising bond yields and a string of weak company reports and forecasts pushed US stocks lower on Wednesday as major indexes retreated from their recent record highs.

Industrial and technology companies and banks fared the worst.

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