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Nasdaq confirms correction, bond yields fall further - Reuters
Nasdaq confirms correction, bond yields fall further  Reuters

The Nasdaq confirmed it was in a correction on Monday as stocks extended their recent sell-off, and the continued flight to safe-haven assets pushed 10-year U.S. Treasury yields to their lowest since September 2017. The Nasdaq ended the session more than 10% lower than its May 3 closing record, falling 1.6% on the day after regulatory fears sent shares of internet giants Alphabet Inc, Facebook Inc and Amazon.com Inc sharply lower. But driving the recent fall in stocks and bond yields has been deepening trade conflicts between the United States and its partners. The Nasdaq has been falling s...

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