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US Stocks Drop as Tech Sell-Off Persists | Markets & Money News
On October 23rd, the stock market saw declines, with the Dow losing 1%, the S&P 500 down 0.4%, and the Nasdaq dropping 0.3% due to a significant sell-off in tech stocks. The bond market stabilized, with ten-year Treasury yields remaining under 5% as investors sought safety amidst the turmoil. SpaceX is shifting focus to debt funding, contrasting Meta's new stock class for AI projects. Oil prices are rising, influenced by increasing Middle East tensions. Market conditions are volatile, with
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