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How soaring bond yields and rising oil pressure Nasdaq tech stocks — Market Wrap Aug 18, 2026
Today's AI insights from 7horns.ai reveal a tech-heavy market under pressure, with the Nasdaq pointing to a 1.18% drop amid surging bond yields and rising oil prices. The 30-year Treasury yield climbed to 5.3%, its highest since 2007, while West Texas Intermediate crude surged to $84.50 a barrel, intensifying market jitters. Nvidia fell 2.12% in pre-market trading despite its $105 billion investment in SoftBank’s SB Energy for an OpenAI data center, highlighting investor caution. Meta also declined nearly 1%, while Microsoft showed a modest pre-market gain of 0.51% after a sharp drop the…
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