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المشهد العربي
US stocks drop as bond yields rise
U.S. stock indices declined at the start of trading on Tuesday, due to rising bond yields and a fall in semiconductor stocks, amid ongoing concerns over inflation, escalating tensions in the Middle East, and their impact on shipping traffic through the Strait of Hormuz. The session saw sharp declines in chip company shares, with Micron eroding by 4%, Marvel Technology dropping by 5.2%, and Western Digital falling by 5.1%.
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