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Wall Street falls amid tech and bond dips
The U.S. stock market experienced minor declines at the start of trading, with the S&P 500 index down by 0.2% and the Nasdaq dropping by 0.5%, while the Dow Jones Industrial Average rose slightly by 0.1%. The declines in technology stocks had a negative impact, with shares of semiconductor companies such as AMD and Micron Technology falling more than 2-3%. At the same time, yields on 10- and 30-year U.S. Treasury bonds dropped significantly, reaching levels not seen in about 20 years, following the Treasury Department's announcement of plans to finance bond repurchase programs. This led to market volatility and increased inflation fears due to rising oil prices and tensions in the US-Iran conflict.
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