Stock Market Dives As 10-Year Yield Hits 3%; FAANG Stocks Take A Beating – Investor's Business Daily

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The stock market ended sharply lower Tuesday as the 10-year yield hit 3% for the first time in more than four years. Leading growth stocks and FAANG names sold off hard. The S&P 500 and Nasdaq composite suffered another distribution day, putting the market uptrend under pressure. X The Dow Jones industrial average and Nasdaq composite…