BNN Bloomberg
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May 19, 2026
· 2 min read
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U.S. tech stocks pull back, dragging indexes a bit further below their latest records - BNN Bloomberg
Original article ↗B.I.A.S. ANALYSIS
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Article Excerpt
U.S. technology stocks pulled back on Thursday, as a rise in bond yields and concerns about rising inflation dampened investor sentiment.
The Nasdaq Composite Index fell 0.74% to close at 15,109.36, while the S&P 500 Technology Sector index declined 0.82%. The broader S&P 500 index also saw a small decline of 0.25%, closing at 4,660.79.
The pullback in tech stocks comes after a strong rally that pushed major indexes to new record highs earlier this week. However, the recent gains have faced some selling pressure as investors remain cautious amid rising inflation concerns and the Federal Reserv…
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