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New York Stocks: Bond Yields Drive Dow – Nasdaq Slacks

More than half an hour after the stock market launch, the leading index Dow Jones Industrial rose 0.88 percent to 32,707.29 points. The market-wide S&P 500 advanced 0.45 percent to 3928.00 meters. In contrast, the technology-heavy selection index Nasdaq 100 quickly slipped into the red despite strong semiconductor stocks and recently lost 0.23 percent to 12,988.38 points. It had recently developed significantly better than the two standard value indices and thus made up some of its deficit since the beginning of the year.

After a friendly start to the week, the New York stock exchanges came under pressure late on Tuesday and went out of trading with losses./gl/fba

(AWP)

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