Why are Tech Stocks Down Today? May 19
TLDR The S&P 500 fell 0.8% and the Nasdaq dropped around 1.2% on Tuesday as Treasury yields climbed above 4.6%. The 30-year Treasury yield briefly touched 5.2%, putting pressure on growth stocks and AI-related names. Wall Street is debating whether the Fed will need to hike rates to control inflation…
bubmagMay 19, 2026