U.S. equities decline as the Nasdaq Composite falls about 1.3%, with tech stocks retreating. NDTV reports the move is driven by higher U.S. Treasury yields and investor expectations that the Federal Reserve may deliver another rate hike.
The selloff comes as markets look ahead to upcoming Trump–Xi talks, which NDTV links to heightened caution among investors. In this framing, the focus is less on company-specific developments and more on macroeconomic signals—particularly borrowing costs—and how they influence valuation for growth-oriented technology shares. The report characterizes rising yields as tightening financial conditions, while rate-hike expectations add pressure to risk assets.
