Yahoo Finance's Seana Smith, Adam Shapiro and Jared Blikre break down the latest stock market news for February 25, 2021.
Stocks traded lower, and tech shares sold off, as a rapid rise in Treasury yields spooked equity investors. All three major indexes fell, and the Nasdaq underperformed with a drop of 3.5% for its worst session since October as tech stocks renewed their declines. The S&P 500 sank by 2.5%. The Dow traded lower by more than 1.5%, after the index reached a record closing high a day earlier as cyclical and value stocks maintained their leadership positions. Stifel CIO Michael O’Keeffe and President and Managing Director at The Wealth Alliance Eric Diton joined Yahoo Finance to discuss.
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