Nasdaq falls as yields rise

The tech-heavy Nasdaq fell 0.6 percent after rebounding more than six percent over the past three sessions as the rising bond yields revived inflation worries and dulled the appeal of high-growth technology shares. The S&P 500 and Nasdaq posted their biggest weekly percentage gains since early February after President Joe Biden signed 1.9 trillion dollar fiscal stimulus bills on Thursday. On the other hand, the recent rise in U.S. Treasury yields has raised fears of a sudden tapering of ...