<div id="readability-page-1">Tech stocks tumble: The Nasdaq dropped nearly 0.9% as rising bond yields weighed heavily on high-growth technology and semiconductor shares. Yields hit milestones: The 10-year U.S. Treasury yield climbed to 4.68%, its highest since 2025, while the 30-year reached levels last seen in 2007. Geopolitics fuel inflation: Oil prices stayed above $110 as Middle East tensions and the Iran war blockade raised fears of prolonged inflation.</div>

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<p>The Nasdaq fell nearly 0.9% as rising bond yields impacted tech stocks, with the 10-year U.S. Treasury yield reaching 4.68%, the highest since 2025. Oil prices remained above $110 due to geopolitical tensions, raising concerns about prolonged inflation.</p>

- The Nasdaq dropped nearly 0.9% due to rising bond yields impacting high-growth tech and semiconductor stocks.  
- The 10-year U.S. Treasury yield reached 4.68%, the highest since 2025, while the 30-year yield hit levels last seen in 2007.  
- Oil prices remained above $110 amid Middle East tensions and the Iran war blockade, contributing to concerns over prolonged inflation.

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NASDAQ slides as surging yields and oil prices stoke inflation fears