Daily Alert: Wall Street hit by tech sell-off, rising yields

  • A sizable sell-off in tech shares hit Wall Street overnight while yields continued their climbs overnight, with some sizeable lifts.
  • The market moves are being driven in part by the latest US economic data, which has been strong.
  • Upcoming data releases will take a backseat to the political developments in the US, where House Democrats are set to pass their $1.9 trillion stimulus package, sending the legislation to the Senate to approve next week.



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