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At close · Thu, Jul 23, 2026
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HomeUS MarketsEquitiesTech stocks tumble as investors worry about spending

Tech stocks tumble as investors worry about spending

The selloff comes as Treasury yields rise ahead of the Fed meeting next week and oil prices move above $100 a barrel.

Tech stocks fell sharply as investors weighed concerns about spending, according to WSJ Markets.

In parallel, oil prices crossed $100 a barrel.

Treasury yields also rose ahead of the Federal Reserve meeting scheduled for next week.

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