Wall Street dips as rising Treasury yields outweigh software gains
The S&P 500 reached a two-week low on Thursday as rising Treasury yields and inflation concerns overshadowed gains in the software sector.
The S&P 500 fell to a two-week low on Thursday as a global bond selloff, fueled by higher oil prices and inflation concerns, pushed US Treasury yields to multi-decade highs and overshadowed a rally in software stocks.
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