Stocks fell on Tuesday as a sell-off in government bonds spilled into the equity market, extending the recent wobble for tech shares on Wall Street.
The S&P 500 was down 0.9 per cent in early trading after a long weekend in the US. The tech-heavy Nasdaq Composite slipped 1.1 per cent, while major indices in Europe also declined.
The falls came amid pressure on US Treasuries and other government debt, partly due to investors’ worries about rising debt piles in many major economies.
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