Nasdaq Tumbles 1% to Start September
Hyperdash NewsEquitiesThe Nasdaq Composite index fell 1% on September 1, marking a weak start to the month. This decline could influence trading decisions for technology and growth stocks.
The market's downturn occurred amid a bond sell-off and rising oil prices, fueled by new US airstrikes on Iran. The 10-year Treasury yield rose to +4.79%, its highest intraday level since January 2025. Traders also increased bets on a September Fed rate hike after recent remarks from Fed Chair Kevin Warsh. 
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