“Words are a pretext. It is the inner bond that draws one person to another, not words.” ― Rumi
Choppy moves in global government bond yields dragged down stocks from records this week.
The S&P 500 slipped 1.4% to 7,674.37 points, posting its worst week since July 17. The losses were broad-based this week with eight out of the 11 sectors in the red. Tech stocks, in particular, were crushed, with the S&P 500’s information technology sector down 3.2%, while the Nasdaq ...