Nasdaq 100 Drops as Oil Spike, Bond Jitters Hit Tech Stocks
The Nasdaq 100 Index tumbled on Tuesday — on track for its worst day in two weeks — with traders bracing for interest-rate hikes as renewed Middle East tensions lifted oil prices and bond yields, stoking inflation fears.
<p>The Nasdaq 100 Index tumbled on Tuesday — on track for its worst day in two weeks — with traders bracing for interest-rate hikes as renewed Middle East tensions lifted oil prices and bond yields, stoking inflation fears.</p>