Stock Market Today: Nasdaq Spirals as Big Tech Sells Off
by Karee Venema
Oct 04, 2021
1 minute
Stocks ended the day deep in the red as investors weighed several worries.
Under the shadow of the rapidly approaching Oct. 18 deadline by which Congress must raise or suspend the debt ceiling so that the U.S. does not default on its financial obligations, the 10-year Treasury yield briefly topped 1.50% before ending up 1.5 basis points (a basis point is one one-hundredth of a percentage
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